MUMBAI (Reuters) - The Sensex and the Nifty extend fall on Thursday to three-month lows after the budget proposed higher-than-expected FY14 gross borrowing estimate of 6.29 trillion rupees, stoking worries about inflation and there by growth.
Public sector banking shares were leading the fall with State Bank of India falling 5.5 percent.
The Sensex was down 1.6 percent, after gaining as much as 0.88 percent before the budget.
The Nifty fell 1.87 percent.
(Reporting by Manoj Dharra; Editing by Gopakumar Warrier)
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