The benchmark BSE Sensex fell over 73 points and the NSE Nifty dipped below the 9,200-mark in early trade today as investors indulged in cutting down their bets on disappointing macroeconomic data and weak trend in Asian markets.

Moreover, lower-than-expected January-March earnings posted by the country's second-largest software services company Infosys also dampened trading sentiment.

Indian shares fell on Wednesday, heading for the fourth session of fall in five, as investors exercised caution ahead of the start of the earnings season, while sentiment was also hit by geopolitical concerns. After hitting a record high of 9,273.90 points last week, the broader NSE index has fallen about 0.9 percent as investors wait for corporate results, with Infosys Ltd due to report on Thursday.

Global markets have also been under pressure over North Korea and Syria tensions, further sapping sentiment.

The BSE benchmark Sensex recovered 155 points to quote at 29,787 in post noon trade as fresh buying by investors led to widespread gains ahead of the earnings season.

Domestic bourses bucked the weak trend witnessed in most of the Asian markets.

The quarterly earnings due to start this week provided markets a crucial leg-up today as the Sensex recouped 125 points and the Nifty topped 9,200 again amid a mixed Asian scenario.

However, a sense of caution ahead of key economic data kept mood tempered. The 30-share index traded up by 124.71 points, or 0.41%, at 29,831.32, as all indices led by oil and gas, PSU and capital goods came good, rising by up to 1.34%.

Stocks: The S&P BSE benchmark sensex failed to maintain 30K level and Nifty also tumbled from all-time high level due to fag-end selling pressure after the news of US striking Syria. In this week, major indices trimmed their gains due to weak global cues. The Sensex and the Nifty gave up majority of the week’s gains after the news of U.S. striking Syria came out on Friday. Heavy distribution was observed in the final trading session of the week which shrunk the gains accumulated from the first two sessions.

MUMBAI: Benchmark sensex plunged about 221 points to close at a one-week low of 29,706.61 on Friday, tracking weak overseas cues.

Global markets were spooked after US launched air strikes against Syria, fuelling geopolitical concerns.

Domestic investors were cautious ahead of RBI's monetary policy meet as the market benchmark Sensex retreated from record close by falling about 122 points in early trade on Thursday while Asian cues were muted on overnight losses in the US.

The 30-share index, which had gained 353.74 points in the previous three sessions, was trading 121.94 points or 0.40% lower at 29,852.30 with FMCG, banking, healthcare, metal and oil and gas sectors leading the fall. The NSE Nifty was also down by 38.25 points or 0.42% at 9,225.90.

The BSE Sensex recovered by over 157 points and the Nifty scaled a record high in early trade on widespread buying by investors and funds, triggered by a firm trend in Asian markets.

On the first trading day of the new quarter, the 30-share index rose 157.97 points, or 0.53%, to 29,778.47, with sectoral indices auto, bank, oil&gas, consumer durables and capital goods advancing by up to 0.71%.

Indian shares fell on Friday as investors booked profits in recent outperformers, but were poised for a third straight gain on month fuelled by a crucial victory for India’s ruling party in a key state election and big foreign inflows into markets. The NSE index was down 0.2 percent at 9,153.35 as of 0618 GMT, while the benchmark BSE index was 0.3 percent lower at 29,562.59.

Continuing its rising streak, the benchmark BSE Sensex rose over 63 points to 29,594.84 in early trade on Thursday after the Lok Sabha approved four legislations to give shape to the historic GST amid short-covering in view of March series expiry.

Sentiments got a leg up after the much-awaited tax reform -- Goods and Services Tax (GST) -- inched closer to its July 1 rollout date with the Lok Sabha approving four supplementary legislations on Wednesday, brokers said.

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