Stock Market Plunges for Fourth Day, Nifty Below 25900; Fears Mount

Share Market
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CNBC Awaaz•08-01-2026, 19:09
Stock Market Plunges for Fourth Day, Nifty Below 25900; Fears Mount
- •Market witnessed a fourth consecutive day of decline, with Nifty closing below 25900, down over 250 points.
- •Both Sensex and Nifty slipped below their 50 DMA, a level last seen in October, indicating market pressure.
- •Experts warn of continued weakness if Nifty stays below 26,000, potentially sliding to 25,460.
- •Weak sentiment may persist with Nifty below 26,000 and Sensex below 84,500, targeting lower ranges.
- •Investors await US payroll data and monitor geopolitical concerns in Greenland and Venezuela.
Why It Matters: Market decline continues, experts warn of further weakness amid global concerns and key technical levels.
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