The 30-share index pared some opening losses to trade 248.25 points or 0.67 per cent lower at 37,063.28 at 0930 hours; and the broader Nifty too fell 67.45 points or 0.61 per cent to 10,961.95 in morning trade.

Easing inflation numbers, released after market hours on Tuesday, too helped the recovery in domestic market sentiment, traders said.

Shares of Reliance Industries (RIL), however, capped the losses on the index by rallying over 8 per cent.

Barring three companies, all Index members ended the session in green, with HCL Technologies, Tata Motors, Mahindra & Mahindra and Bajaj Auto gaining between 4% and 6.4%. Heavyweights – Reliance Industries and HDFC Bank – contributed 38% to the Sensex gain.

The 30-share index was trading 18.58 points or 0.05 per cent up at 36,995.43; while the broader Nifty slipped 8.55 points or 0.07 per cent to 10,943.05 in morning trade.

The 30-share index was trading 214.96 points, or 0.59%, higher at 36,914.80 at 0930 hours. Similarly, the broader NSE Nifty was quoting 68.65 points, or 0.63%, up at 10,931.25.

Kashmir issue also spooked investors’ sentiment after the authorities stepped up security at vital installations and in sensitive areas, suspended mobile internet services and either “arrested” or “detained” several leaders in fast-paced developments on Sunday night.

The Sensex closed at 37118, higher by 99.90 points or 0.27 per cent while the broader Nifty-50 closed higher by 17 points at 10997 in a volatile trading session. The Nifty witnessed a 150 points recovery from the lows of 10848 while the Sensex recovered nearly 500 points from the lows of 36607.

The trade war tensions between the US and China along with unabated foreign fund outflows weighed heavily on the market sentiments, traders said. Tracking tepid global market trend, the 30-share index was trading 333.32 points, or 0.90 per cent, lower at 36,685.00.