Mumbai, April 7 -- The domestic equity markets witnessed a highly volatile session on Tuesday, opening in the red amid selling pressure but recovering sharply by the close, supported by gains in IT and metal stocks.

The benchmark indices ended the session on a strong note, with the Nifty closing at 23,015.90, up 155.40 points or 0.68 per cent. The BSE Sensex also surged by 509.73 points or 0.69 per cent to settle at 74,616.58.

Market sentiment remained cautious during the day due to elevated crude oil prices and geopolitical concerns, but buying in select sectors helped lift the indices into positive territory.

According to Vinod Nair, Head of Research, Geojit Investments, "The domestic market extended its recovery trend, although the ...