Final hour buying helped the Indian indices to erase all the intraday losses, as the indices remained under pressure for most part of the session after US President Donald Trump imposed additional 25% tariff on India over Russian oil imports and also indicated imposing 100% tariffs on imported semiconductors.

Despite positive global markets, the Indian indices opened lower and stayed in the negative territory for most part of the day with Nifty slipping below 24,350, intraday, but sharp recovery in the final hour of trade helped to close near day’s high.

At close, the Sensex was up 79.27 points or 0.10 percent at 80,623.26, and the Nifty was up 21.95 points or 0.09 percent at 24,596.15. BSE Midcap index up 0.3 percent and smallcap index ended on flat note.

Top Nifty gainers were Hero MotoCorp, Tech Mahindra, Wipro, Eternal, JSW Steel, while losers included Adani Enterprises, Adani Ports, Trent, Tata Motors and Grasim Industries.

All the sectoral indices recovered most of the intraday losses with IT, media, pharma rising 0.5-1 percent.