Sensex and Nifty were initially strong but dropped to a new 52-week low at 24,387.69 and 7,425.80 points, respectively, during the day.
It was only an hour before the day's closing that Sensex rallied by nearly 500 points to end at 24,854 points (up 0.7) while Nifty posted a gain of 52 points (up 0.7%) to end at 7,562.
Although the Chinese market continues to keep the global market guessing about the future, on Wednesday, the country's trade data beat expectations, which led to the Asian share markets post their first true rally of the year.
IT major Infosys was the top gainer on both the benchmark indices, up 3%.
Image: Wikimedia Commons
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