Stock market prediction: Experts see more pain ahead but see bottom in Oct 2026 amid Nifty, Sensex poor show — 3 reasons

Stock market prediction: The key benchmark indices of the Indian stock market continued to trade under pressure last week, and the Nifty 50 index finished lower for the seventh straight week, the longest losing streak of the 50-stock index in the last six years. The benchmark index declined nearly 0.88% to close at 23,140, while the Bank Nifty declined 1.38% to close at 55,580. Likewise, the Sensex lost 1.13%, or 843 points, over the last five sessions.

According to stock market experts, the pain in the Indian stock market is not over yet, as the Nifty 50 index has formed a bearish candle on the weekly chart, hinting at a break below its crucial support levels at 23,000 and 22,800. However, experts expect the Indian stock market to top out in October 2026. They also predicted the US 10-year bond yield to top out in October 2026 ahead of the US Midterm Elections 2026. They said that pressure on the US government to justify soaring inflation, defence expenditure, and the debt crisis caused by rising US bond yields may lead to manipulation of US Treasury yields, and, in extreme cases, the White House may also follow Japan's lead and fix US Treasury yields.