The session opened gap-down as weak global cues and broad-based selling dragged the Nifty close to the 24,300-mark intraday. However, late buying in IT stocks helped limit losses. By close, the Sensex had fallen 1,122.66 points or 1.40% to 79,116.19, while the Nifty shed 385.20 points or 1.55% to settle at 24,480.50.
