Markets today

Despite a major crash on the Wall Street wherein the Dow dropped over 4% to close below the 7,000-mark for the first time in 12 years, the Sensex opened just 24 points lower at 8,583 as recovery in other asian markets helped sentiment.

The index rebounded into the positive zone and touched a high of 8,635 backed by fresh buying in cement and realty stocks. Fresh selling in late noon trades saw the index slip back into red and extended losses towards the close.

The Sensex dropped to a low of 8,397, and finally (provisional) ended with a loss of 196 points at 8,411.