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Sensex closes 118 points higher, Nifty breaches 10,600 mark

While the Sensex gained 118 points or 0.34% to 35,260, the Nifty rose 0.38% or 40 points to 10,616 level.

The Sensex fell below the 35,000-level to touch a low of 34,811.60 due to heavy selling pressure in view of foreign capital outflows and weak global cues.
In the fiscal fourth quarter, Apple said iPhone unit sales barely grew from a year earlier, even though new flagship devices came out in the period.

The Sensex lost 14% or over 5,640 points and Nifty is down 14.71% or 1,730 points since August end.