New Delhi, Sept. 12 -- Domestic equities managed to claw back a significant portion of their early losses on Friday, September 11, as a sharp pullback in global crude prices eased some of the pressure on oil-dependent sectors. The recovery was also aided by buying interest at lower levels after the recent market decline pushed the benchmark indices into oversold territory, encouraging value-oriented purchases.

The Nifty 50 staged a recovery of 0.72% from its intraday low, although it remained in negative territory at the close, ending 0.34% or 80 points lower at 23,398. The Sensex also pared most of its losses during the session before finishing 0.16% or 148 points lower at 74,754.

The improvement in sentiment came alongside a decline i...