Nifty experienced a minor loss of 18 points, closing near 24,200, amidst expectations of continued momentum and consolidation at higher levels. Key events to watch include FED Chairman Powell's speech and meeting minutes, which may induce volatility. The India VIX fell 1.4% to 13.64, and foreign investors sold shares worth Rs 2,000 crore, while DIIs bought shares worth Rs 648 crore.