Despite a negative start on Wednesday, owing to weak cues from international markets, the Sensex managed to close with a gain of 207 points.
In a day marked by ups and downs, the Sensex, which opened at 10,284 points, soon fell to a low of 10,172; before being recovered by selective buying in FMCG and realty stocks. With recovery being swifter than expected and buying spreading to other sectors, the Sensex rallying to a high of 10,778, before finally closing at 10,742 points.
Lot of action was in few counters but considering the whole market the proceeds were on the minor side around Rs 49,500 crore on the F&O space as against Rs 56,000 crore during the previous week, so just about 15 per cent decline in turnover.
According to stock market expert Narendra Nainani, looking at the Nifty futures, which marked their closure provisionally around 5 or 6 points premium but intra-day they had descended into discount so from the lows of the day stock market has recovered and investors could have seen some fresh long positions returning into the Nifty.
Despite a negative start on Wednesday, owing to weak cues from international markets, the Sensex managed to close with a gain of 207 points. 
Seoul - Shares fell almost 3
Sydn
Lot of action was in few counters but considering the whole market the proceeds were on the minor side around Rs 49,500 crore on the F&O space as against Rs 56,000 crore during the previous week, so just about 15 per cent decline in turnover.
Tokyo - The Tokyo market fell Wednesday after concerns over US firms' earnings reports led Wall Street to overnight losses.
