The sell-off across globe weighed on the markets; European markets like France's CAC, Germany's DAX and Britain's FTSE went down around 1% each. Even US index futures were down 0.5%.
The benchmark Nifty closed with modest losses, after showing smart recovery in the last half an hour of trade, led by FMCG, auto, select telecom, healthcare and technology companies' shares. The Sensex recouped more than 150 points despite weak global cues and a 3% fall in RIL.
The Sensex closed at 17,971.12, down 60.99 points or 0.34% and the Nifty fell 13.05 points or 0.24% to settle at 5,402.40, after seeing a recovery of 151.13 points and 53.5 points from their day's respective lows.
