Mumbai, July 24 -- Key benchmark indices recovered from their intraday lows on Friday as Brent crude retreated below the $100-a-barrel mark after briefly crossing the milestone earlier in the session. The Nifty rebounded from an intraday low of 23,606.30, aided by value buying after recent market declines, a recovery in the rupee and gains in banking stocks. However, the relief rally was not enough to reverse losses, with the Sensex and Nifty ending lower for a fifth consecutive session. The Nifty settled below the 23,800 mark as lingering concerns over elevated crude prices, escalating Middle East tensions and sustained foreign fund outflows continued to weigh on investor sentiment. Auto, metal and oil & gas stocks led the decline.

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