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Sensex, Nifty decline by 1%

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Indian benchmark indices, BSE Sensex and Nifty50, today declined by more than 1 per cent, as investor sentiment weakened ahead of the US jobs report, which is expected to provide clarity on the potential scale of a US interest rate cut.

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At closing, the BSE Sensex was down 1,017 points, or 1.24 per cent, at 81,183.93, while the wider Nifty 50 was at 24,852.15, down 292.95 points, or 1.17 per cent. All the sectoral indices on the NSE also ended in the red.

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