# Nifty 50 hits 18-month low

> Nifty 50 plunges to 18-month low as rate fears intensify.
- Title: Nifty 50 hits 18-month low · mint | Shortify
- Summary: Nifty 50 plunges to 18-month low as rate fears intensify. India's Nifty 50 dropped 1.64% to 22,231.80, its lowest level since April 2025, amid FPI selling…
- Keywords: nifty 50, fpi selling, interest rates, crude oil, rbi, bse sensex, money, business, Nifty, hits, 18-month, low
- Source: mint — https://livemint.com/market/nifty-50-performance-in-2026-fii-fpi-selling-inflation-rbi-nse-crude-oil-11791461972358.html
- Author: Srushti Sandeep Vaidya
- Published: 2026-10-08T16:32:48+00:00
- Read time: 1 min
- Topics: nifty 50, fpi selling, interest rates, crude oil, rbi, bse sensex, money, business
## Nifty 50 drops 1.64%
The Nifty 50 closed 1.64% lower at 22,231.80 on 8 October, its lowest level since 7 April 2025.
## FPIs sell ₹12,943 crore
Foreign portfolio investors net sold shares worth ₹12,943 crore on Thursday, their highest single-day selling since 29 May.
## HDFC Bank shareholding shift
HDFC Bank saw its domestic institutional investor shareholding top foreign institutional investor shareholding for the first time in over 10 years.
## Oil prices surge 4.8%
Brent crude surged 4.8% to $104 a barrel amid geopolitical uncertainties.
## Nifty 52-week low breached
The Nifty 50 breached its previous 52-week low of 22,182, hitting an intraday low of 22,179.
## RBI hikes interest rates
The Reserve Bank of India hiked the repo rate by 25 basis points to 5.50%, shifting policy stance to 'calibrated tightening'.
## Key takeaway

India's Nifty 50 dropped 1.64% to 22,231.80, its lowest level since April 2025, amid FPI selling and oil price rises.