The market witnessed a volatile session but closed bearish today. After a gap down opening of nearly 120 points, Nifty dropped and took support from 24830, followed by a sharp recovery of 130 points towards 25050, then closed negative by 0.56% near 24950, while Bank Nifty also followed the same trend of opening gap down followed by a volatile session throughout the day hence closing bearish by 194 points near the level of 56060.