Indian benchmark indicators Sensex and Nifty 50 plunged 2.90 and 2.76 per cent, respectively, as fear of recession in the US economy, surging inflation, rising corona virus cases and geopolitical tensions were delaying any recovery in the markets.

Frontline equity indices Nifty 50 and Sensex ended the fortnight on a flat note with marginal losses of 0.19 per cent each on the back of weak global cues and mixed fourth quarter results.

Domestic frontline equity indices Nifty 50 and Sensex made a strong comeback during the fortnight, recording gains of 5.47 per cent and 5.79 per cent, respectively, on account of easing crude oil prices and improving global market cues.