Sensex falls 570 points day after unveiling of Budget 2018

Benchmark index BSE Sensex fell over 570 points to 35,328 on Friday, a day after Finance Minister Arun Jaitley unveiled the Budget 2018. The decline came after the government proposed 10% Long-term Capital Gains (LTCG) tax on equity investments with gains of over ₹1 lakh. The NSE Nifty fell over 190 points to a low of 10,826.