Nifty 50 sinks to an 18-month low as rate fears bite

The Nifty 50 index sank to an 18-month low as fears of rising interest rates and inflation weighed on investor sentiment.

The index ended 1.64% lower at 22,231.80, its lowest closing level since April 2025.

Rising bond yields and concerns about economic growth have led to a sell-off in global markets.