May 3, 2024 5:28 PM

Sensex, Nifty decline amid selling pressure on large caps

The BSE Sensex and Nifty fell on Friday as selling pressure in index heavyweights after the Nifty hit a record high dragged the indices into negative territory. Additionally, market sentiment was dampened by rumors circulating about potential tax changes in the upcoming Union Budget of July 2024. The Sensex lost 732.96 points, closing at 73,878.15, while the Nifty dropped 172.35 points, ending the day at 22,475.85. Notable gainers included Coal India, Bajaj Finance, Grasim, Tata Consumer Serv...