Sensex falls 203 pts to 75,735; Nifty down 19.75 pts, closing at 22,913. Broad-based buying helps recover intraday losses.
IT and bank stocks dragged markets, while auto and metals outperformed. Broader indices saw a 1% rise in midcap and smallcap segments.
HDFC Bank, Maruti Suzuki, Tech Mahindra, HCL Tech, and Tata Consumer led the losses, pulling indices lower.
Shriram Finance, NTPC, Adani Ports, M&M, and Bharat Electronics saw strong gains, supporting market recovery.