Mumbai, May 18 -- The equity markets witnessed a highly volatile trading session on Monday as benchmark indices recovered from early losses and ended nearly flat amid continued concerns over elevated crude oil prices, weakening rupee and global geopolitical uncertainty.

The Nifty 50 index closed at 23,649.95 with a gain of 6.45 points or 0.03 per cent, while the BSE Sensex settled at 75,315.04, up by 77.05 points or 0.10 per cent.

Markets opened under pressure with BSE SENSEX at 74,347.68 points, down 890.31 points or 1.18 per cent, NSE NIFTY 50 opened at 23,414.20 points, losing 229.30 points or 0.97 per cent but during the session but both indices recovered later on the back of value buying in select sectors, especially information te...