Sensex, Nifty fall 1.5% before making a smart recovery to close up 1%

The Nifty rose 0.9%, or 219.60 points, to close at 24,768.30, while the Sensex gained 1%, or 843.16 points, to 82,133.12. Both ended the week around 0.5% higher. Analysts expect Nifty to move towards 25,000 levels by December end.