As Union Finance Minister Nirmala Sitharaman announced in the Budget that 12.5 percent customs duty will be levied on gold and other precious metals.
After a highly volatile session, the 30-share index ended 394.67 points, or 0.99 per cent, lower at 39,513.39. The index hit an intra-day low of 39,441.38 and a high of 40,032.41.
Similarly, the 50-share NSE Nifty sank 135.60 points or 1.14 per cent, to 11,811.15. During the day, the index touched a low of 11,797.90 and a high of 11,981.75.
Sensex slips down by 394.67 points and Nifty closes at 11811.15
