Sensex recovers 650 points but ends lower amid volatility

Stock markets swung wildly on January 8, with the Sensex recovering 650 points from its low before closing down at 78,148. Nifty also ended lower at 23,688. Broader indices fell sharply, signalling a weak start to 2025. Investors eye Q3 earnings, the Union Budget, and global market cues as uncertainties persist.