The Nifty 50 fell 1.64% to 22,231.80 on Oct. 8, 2026, pushing India’s benchmark index to what Reuters described as an 18-month low as selling swept through blue-chip stocks.
Traders and market trackers cited heavy foreign outflows, rising global bond yields and a surge in oil prices as pressure points that knocked the Nifty 50 lower by 371.25 points, according to Reuters’ market quote for the index.
The National Stock Exchange’s own pages showed the Nifty 50 closing at 22,231.80, confirming the level Reuters reported and reflecting a pullback after weeks of weakness on Indian bourses.
Reuters’ market coverage linked the slide to a set of macro factors that have weighed on Indian equities — including spiking oil prices and record foreign selling — and noted the Sensex had slumped to its lowest in 32 months amid the same rout.
Domestic investors have been navigating higher global borrowing costs and a recent policy shift by the Reserve Bank of India, while oil’s advance has lifted inflation worries, Reuters said. That combination has contributed to an extended run of losses for benchmark gauges.
Market watchers should expect volatility to continue as global yields and commodity prices move, and as earnings season and policy signals arrive in coming weeks. For context on the wider environment that investors are watching in India, see Indian stock market: 5 factors.
The Nifty’s move also comes against a backdrop of elevated interest rates elsewhere; higher U.S. yields have been cited in reporting as a cross-market headwind. See recent coverage of the 10-year yield reaching 5.00% for how global rates are feeding into risk sentiment.
Investors tracking the Nifty 50 should watch foreign institutional investor flows and oil prices as near-term drivers. Reuters’ live quote and analysis remain the primary sources for the closing level and the market’s immediate drivers.
Sources
- Reuters — reported the Nifty 50 closing at 22,231.80, a 1.64% drop, and linked the selloff to oil, foreign selling and rising yields.
- NSE India — live index data and confirmation of the Nifty 50 level used in the story.
