Sensex crashes 840 points a day after Budget

Benchmark index BSE Sensex closed nearly 840 points down at 35,067 on Friday, a day after Finance Minister Arun Jaitley unveiled the 2018 Union Budget. Stock markets took a hit after the government proposed 10% Long-Term Capital Gains (LTCG) tax on equity investments with gains of over ₹1 lakh. The NSE Nifty closed 256 points lower at 10,760.