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After a volatile session, the 30-share BSE gauge settled 371.44 points or 1.17 per cent higher at 32,114.52. It hit an intra-day high of 32,199.91 and a low of 31,661.34.
The 30-share BSE Sensex ended 1,011.29 points or 3.20 per cent lower at 30,636.71; while the NSE Nifty closed 280.40 points or 3.03 per cent down at 8,981.50.
After starting over 1,116 points higher, the 30-share BSE Sensex pared some early gains to end 986.11 points or 3.22 per cent higher at 31,588.72.
After gyrating over 1,346 points during the day, the 30-share index ended 310.21 points or 1.01 per cent lower at 30,379.81. It hit an intra-day high of 31,568.36 and a low of 30,222.07.
After hitting a low of 30,474.15 during the day, the 30-share BSE barometer ended 469.60 points or 1.51 per cent lower at 30,690.02.
Indian shares slid on Monday as Asia's third-biggest economy looked set to extend a lockdown to contain the spread of the coronavirus, while a rise in oil prices also weighed on sentiment.
After hitting a low of 27,500.79 during the day, the 30-share BSE barometer ended 674.36 points or 2.39 per cent lower at 27,590.95.
Reversing the previous session's gains, the 30-share BSE barometer Sensex slumped 1,203.18 points or 4.08 per cent to finish at 28,265.31.
It cut the repo rate by 75 basis points to 4.40%, in line with expectations.
At around 9.20 a.m., Sensex was trading at 27,804.58 points, lower by 2,111.38 points or 7.06 per cent from the previous close of 29,915.96.