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Despite high volatility during the trading session on Wednesday, Indian stock markets managed to close in the green.  

The Sensex erased all the early losses and closed with a gain of 105 points, or 0.13 per cent at 80,746.

Similarly, the Nifty closed the intra-day trading session with a 0.14 per cent gain at 24,414, reclaiming the crucial 24,400 mark.

"Regarding Nifty, the highest open interest on the call side is concentrated at the 24,500 and 24,400 strike prices, while the highest open interest on the put side is seen at 24,300 and 24,400,” said Sundar Kewat of Ashika Institutional Equity.

The Put-Call Ratio (PCR) stands at 0.98, indicating a relatively balanced market sentiment, he added.

The markets opened on a weak note, with early losses triggered by uncertainty in the region. However, confidence returned as the day progressed.

The recovery came as easing global trade tensions, the finalisation of a free trade agreement (FTA) with the United Kingdom, and strong foreign inflows helped offset concerns stemming from rising geopolitical tensions between India and Pakistan.

Support from key sectors such as auto, real estate, and metals helped the indices recover, turning the mood positive by mid-session.

Tata Motors led the rally on the Sensex with a strong 5.2 per cent jump, followed by Bajaj Finance, which gained 2.02 per cent.