The Bombay Stock Exchange benchmark Sensex on Tuesday recovered most of its early losses but still closed the day lower by over 100 points amid a plunge in global markets following a US panel officially acknowledging that the world's biggest economy is in recession.

The Bombay Stock Exchange benchmark Sensex opened the week on a positive note - with a high of 235 points - but on a weak trend in Europe and concerns over the rising recession, the 30-share index tumbled to close with a loss of over 250 points.

Terror had no impact and Indian equities markets ended in the green on Friday although with marginal gains.

Continuing the declining trend, inflation fell for the third consecutive week to over a five-month low of 8.84 percent, providing room to RBI to signal cut in interest rates to spur economic growth amid fears of moderation.

Hectic buying by funds helped the Bombay Stock Exchange benchmark Sensex on Wednesday regain the 9,000 level at close after six trading sessions.

After a promising start, the Bombay Stock Exchange benchmark Sensex on Tuesday fell by over 250 points on fag-end selling across counters barring consumer durables.

The Bombay Stock Exchange benchmark Sensex on Monday closed flat after a highly volatile trade which saw profit booking at every surge.

Cutting short prolonged losses of the past seven days, the Bombay Stock Exchange benchmark Sensex on Friday gained over 460 points on confident remarks of Prime Minister Manmohan Singh that economy would grow at a rate of eight percent.

Capital market regulator SEBI on Thursday ruled out stopping short-selling as it has no evidence that short-selling is driving the market down, a top official said.

Amid reports of a weak overseas trend, the Bombay Stock Exchange benchmark Sensex tumbled to three-year lows by losing over 322 points on panic selling by investors and funds.

The Bombay Stock Exchange benchmark Sensex on Wednesday fell sharply from day's high levels to close down by over 160 points as funds tracking weak trends in overseas markets went back to selling mode.

Falling for the fifth day in a row, the benchmark Sensex on Tuesday closed below 9,000 level after more than 20 days with funds intensifying selling after Citigroup announced plans to lay off over 50,000 people, indicating the deep impact of the global financial upheaval.

The Bombay Stock Exchange benchmark Sensex recovered and closed at 9291 points by losing over 94 points.

In a day of volatile trading, after opening with a sharp rise, the Indian equity markets lost the early momentum on Friday and closed deep in negative turf.

Markets cut short its two-day gaining-spree with the benchmark Sensex dipping below 10,000 level after losing nearly 700 points on selling pressure triggered by concerns over companies cutting down on output and country's exports slowing down.

Markets surged on Monday with the benchmark Sensex notching up a handsome gain of over 570 points to regain the 10,000-level on buying support sparked by strong global trends, bolstered by China's multi-billion stimulus plan for its economy.

Amid volatile trading, the Bombay Stock Exchange benchmark Sensex on Friday closed higher by over 230 points - still below 10,000 points level.

The Bombay Stock Exchange benchmark Sensex on Thursday once again dipped below 10,000 points level after losing over 385 points on Thursday.

Snapping its five-session winning streak, the benchmark Sensex on Wednesday dropped over 500 points in a volatile trading which saw brisk selling on oil & gas counter.

Banking stocks continued their gaining streak for the third day in a row today amid the PSU bankers' assurance to the Finance Minister that they would consider lowering of interest rates.

According to global index provider Standard and Poor's, the total loss registered by 52 global equity markets so far this year has been $16.22 trillion amid increasing concerns for the global economy slipping into recession.

As many as 10 of the 13 sectoral indices were in the green and only health care, telecommunications, media and technology and information technology indices showed losses.

The benchmark Sensex on Monday regained 10,000-points mark and surged by 550 points on heavy buying by funds as well as retailers.

Extending gains for the third day in a row, stock markets today staged an impressive comeback rally with the benchmark Sensex closing the day higher by nearly 750 points on brisk buying by funds.

The Sensex, which commenced the Samvat year 2065 on a cheerful note on Tuesday, remained volatile by swinging between 9,297.76 and 8,894.34, before ending higher 36.43 points at 9,044.51.