Final hour buying helped the Indian indices to erase all the intraday losses, as the indices remained under pressure for most part of the session after US President Donald Trump imposed additional 25% tariff on India over Russian oil imports and also indicated imposing 100% tariffs on imported semiconductors.

Despite positive global markets, the Indian indices opened lower and stayed in the negative territory for most part of the day with Nifty slipping below 24,350, intraday, but sharp recovery in the final hour of trade helped to close near day's high.

At close, the Sensex was up 79.27 points or 0.10 percent at 80,623.26, and the Nifty was up 21.95 points or 0.09 percent at 24,596.15. BSE Midcap index up 0.3 percent and smallcap index ended on flat note.

Top Nifty gainers were Hero MotoCorp, Tech Mahindra, Wipro, Eternal, JSW Steel, while losers included Adani Enterprises, Adani Ports, Trent, Tata Motors and Grasim Industries.

All the sectoral indices recovered most of the intraday losses with IT, media, pharma rising 0.5-1 percent.

In stock-specific action, Datamatics Global Services shares rose nearly 3 percent on better Q1 earnings, Raymond shares were down nearly 2 percent as Q1 consolidated profit declined, Fortis Healthcare share price added 3 percent as Q1 consolidated profit jumped 53%, Prince Pipes shares were down 8 percent as consolidated profit slipped 80%, Bajaj Holdings & Investment rose nearly 2 percent as profit surged 116%.

BHEL shares slipped 5 percent on widening losses in the June quarter, Lumax Industries shares shed 12 percent after Q1 revenue fell 20%, Lincoln Pharmaceuticals share price rose 8 percent after Q1 net profit rose 17%, Caplin Point share price jumped 5 percent on better Q1 numbers, Indosolar shares gained 5 percent as promoter Waaree Energies to sell 12,50,000 equity shares.

More than 100 stocks touched their 52-week highs on the BSE, including Fortis Healthcare, Delhivery, JSW Steel, TVS Motor, JK Cement, Sarda Energy, Godfrey Phillips, among others.