Mumbai, May 7 || 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.