The NSE Nifty, which dipped below the key 10,800-mark to touch a low of 10,755.40, bounced back on late buying to close at 10,817.70, up 9.65 points, or 0.09 per cent.
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The broader NSE Nifty too reclaimed the key 11,500-mark. It touched a high of 11,562.25, before finally settling at 11,536.90, showing a gain of 59.95 points, or 0.52 per cent.
The Sensex has now lost 878.32 points in six sessions -- its longest string of losses in six months.
The 50-share NSE Nifty too closed down 168.30 points, or 1.58 per cent, at 10,498.25 -- a level last seen on January 3 when it closed at 10,443.20.
Sentiments took a hit after broader Asian markets weakened, following a renewed sell-off on Wall Street on Tuesday as energy shares dropped after crude oil prices plunged to a 13-month low amid weak earnings and US-China trade disputes, fuelling worries about economic growth
This is its biggest single session fall since August 24, 2015, when it had lost 1,624.51 points.
Anticipating disruption of air service at Delhi airports due to foggy weather, Air-India has re-routed its Delhi-London/New York flights to Mumbai and delayed the departure of its flights to Frankfurt.
Traders said falling crude prices in the global market was a big boost for the economy as it lightens the country's import bill burden, eases inflation and current account deficit concerns.
The session was marked by volatility and stock-specific action, even as the overall sentiment remains risk-averse, brokers said.
The broader NSE Nifty, after shuttling between 10,651.60 and 10.532.70 points on alternate bouts of buying and selling, closed 6.20 points, or 0.06 per cent, down at 10,576.30.
The laggards in the Sensex kitty were Vedanta, Tata Steel, M&M, HCL Tech, Bharti Airtel, Maruti Suzuki, L&T, Asian Paint and HDFC
Air-India on Saturday announced a revised flight schedule from Mumbai for May 4-7, pending restoration of normalcy in flight operations on the withdrawal of directives by the de-recognised Indian Pilots Guild.
The broader NSE Nifty slipped below the 10,500-mark by falling 103 points, or 0.97 per cent, at 10,482.20. It touched a high of 10,645.50 and a low of 10,464.05 during the day.
FIFA's Ethics Committee has banned Wolfgang Niersbach, the former president of the German Football Association, for one year for failing to report potential misconduct surrounding the award of the 2006 soccer World Cup in Germany.
The Interpol on Tuesday released images of two Iranian men who used stolen passports to board a Malaysia Airlines plane that remains traceless since Saturday after taking off with 239 passengers aboard from Kuala Lumpur.
Both the indices ended at their highest levels since February 1.
'I think you can assume that (the new contract will be signed),' the German said.
The NSE Nifty after shuttling between 10,441.90 and 10,341.90, ended 6.15 points, or 0.06 per cent down at 10,380.45.
It was the second straight week of gains for the benchmarks.
The Portuguese forward then fired in the penalty in the sixth minute of stoppage time.
Sentiment was hurt after market regulator Sebi directed bourses to initiate action against 331 suspected shell companies.
Investors booked profits in recent gainers
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Bayern Munich apologised on Wednesday after failing to voice their support for an activist who was flogged in Saudi Arabia during their trip last week.
Maruti Suzuki was the biggest gainer among Sensex scrips, rising 5.89 per cent, followed by M&M up 5.29 per cent.
Persistent capital inflows by domestic institutional investors and retail investors kept the markets in fine nick
United States coach Jurgen Klinsmann has turned to experience for next month's Copa America Centenario on home soil, but said he had to make some "very close, tight decisions" before announcing his 23-player squad on Saturday.
The broader NSE Nifty, after cracking below the key 10,300-mark, touched a low of 10,211.25, before finally ending 134.75 points, or 1.30 per cent, down at 10,226.55.
Buying activity was so strong that all the sectoral indices except IT and technology ended in the green, rising by up to 3 per cent
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