Indian Stock Indices Face Bearish Trend as Experts Predict October Bottom

Indian benchmark indices declined for the seventh consecutive week, with the Nifty 50 dropping 0.88 percent to close at 23,140 and the Sensex losing 1.13 percent.

Market experts attribute ongoing market pressures to elevated geopolitical tensions, crude oil prices remaining above $100 per barrel, and a hawkish US Federal Reserve.

Analysts anticipate markets may bottom out in October 2026 ahead of the US Midterm Elections, driven by potential shifts in economic policies and Treasury yields.