An evening walk down Dalal Street on January 8, 2019

Benchmark indices showed smart recovery in last couple of hours of trade and ended volatile session on a positive note on Tuesday, driven by global cues. Banking & financials, auto and metals stocks helped the Nifty close above 10,800 levels.

The 30-share BSE Sensex recovered more than 200 points from day's low to close 130.77 points higher at 35,980.93 while the 50-share NSE Nifty gained 30.40 points at 10,802.20.

Overall the market has been rangebound for last few sessions and investors turned cautious ahead of corporate earnings season which will be kicked off later this week by IndusInd Bank, Infosys and TCS, experts said, adding globally the trade meeting between US and China will be closely watched.