Market Wrap, Aug 2: Sensex ends 100 pts up, Nifty below 11,000

Sectorally, metals slipped the most as risks to global economy increased after US President Donald Trump imposed fresh tariffs Chinese imports

Fresh trade war concerns between the United States and China weighed down investors' sentiment on Friday leading to a sluggish trade through the day. The benchmark S&P BSE Sensex and the broader Nifty50 plummted 411 points and 131 points respectively during the intra-day trade before staging a smart recovery during the last trading hour.

Indices inched higher on reports that the PMO took stock of the steep sell-off being witnessed in the market since the presentation of the Union Budget 2019-20. Reports suggested that PMO met officials from the Finance Ministry on Thursday to discuss concerns raised by the FPIs and