The 30-share index was trading 18.58 points or 0.05 per cent up at 36,995.43; while the broader Nifty slipped 8.55 points or 0.07 per cent to 10,943.05 in morning trade.

The 30-share index was trading 214.96 points, or 0.59%, higher at 36,914.80 at 0930 hours. Similarly, the broader NSE Nifty was quoting 68.65 points, or 0.63%, up at 10,931.25.

Kashmir issue also spooked investors’ sentiment after the authorities stepped up security at vital installations and in sensitive areas, suspended mobile internet services and either “arrested” or “detained” several leaders in fast-paced developments on Sunday night.

The Sensex closed at 37118, higher by 99.90 points or 0.27 per cent while the broader Nifty-50 closed higher by 17 points at 10997 in a volatile trading session. The Nifty witnessed a 150 points recovery from the lows of 10848 while the Sensex recovered nearly 500 points from the lows of 36607.

The trade war tensions between the US and China along with unabated foreign fund outflows weighed heavily on the market sentiments, traders said. Tracking tepid global market trend, the 30-share index was trading 333.32 points, or 0.90 per cent, lower at 36,685.00.

The S&P BSE Sensex dropped 4.9% in the month that ended Wednesday, hurt by disappointment with the country’s new budget, muted corporate earnings and the ongoing credit crunch. The benchmark index has performed better in August than July in only five years since 2002, data compiled by Bloomberg show.

While subdued corporate earnings, foreign fund outflows and weak global cues continue to weigh on the markets, hopes of above-average rainfall in the next two weeks buoyed investor sentiment to some extent, traders said.

The 30-share index was trading 3.11 points or 0.01 per cent higher at 37,834.09 at 0945 hours; and the broader Nifty was also quoting flat at 11,252.15.