Sensex ends in red despite superb recovery; Airtel leaps 5%, DRL down 3%

NEW DELHI: Thanks to the low-level buying, benchmark indices scripted a superb recovery throughout the day but still fell short, ending the day in the red on Wednesday. Bank and financials were under pressure while telecom and metals were in good demand.

Jitters over Chinese clampdown on tech firms and wariness over ongoing Fed meeting outcome, continue to disturb the domestic market. But, broader markets saw interest in buying across pockets like paper, steel and home textiles, noted analysts.