Domestic equity market took a tumble today, mirroring the downbeat mood in other Asian stock markets. Inflation worries flared up again after hot US inflation data squashed hopes of an interest rate cut in June. This spooked investors and whacked up bond yields. The Nifty 50 slid throughout the day, closing below 22,550. Every sector felt the pain, with pharma, PSU banks, and oil & gas shares leading the way down. Read The Rest at :