New Delhi, Sept. 11 -- Domestic stocks staged a strong recovery from Friday's intraday lows on September 11, recouping much of their opening losses as global crude oil prices retreated following their recent surge, triggering buying in oil-sensitive stocks. Technically, the latest sell-off had also pushed the frontline indices into oversold territory, prompting value buying at lower levels.

The Nifty rebounded 0.71% from its intraday low but still ended the session 0.18% lower at 23,435. Similarly, the Sensex recovered sharply from its lows but closed 0.14% lower at 74,914.

The strong intraday recovery also made domestic equities relative outperformers, as major Asian markets closed with steep losses. Japan's Nikkei 225 dropped 1.9% to ...