In Asia, the Shanghai Se Composite IX gained 0.25% to end at 2,994.14, while the Nikkei 225 added 1.58% to close at 10,414.29 points. The Hang Seng closed at 2,856.05, up 1.52%. And in the US, on Wednesday, the Dow Jones Industrial Average added 41.87 points or 0.41% to end the day at 10,236.16, while the S&P 500 index went marginally up by 5.33 points or 0.49%.
Despite gains, the market breadth remained weak as foreign institutional investors continued their selling for the seventh consecutive session, offloading stocks worth over Rs 2,800 crorethe highest in the current month so far. And amdist heavy trades, both the exchanges continue to witness record levels of turnover of over Rs1.92 lakh crore on the last day of expiry of derivatives contracts for the January series.
The NSEs derivatives segment reported the turnover of over Rs 1.66 lakh core up 5% compared to Wednesdays turnover, while the average daily turnover in the last six months stood at approximately Rs 73,600 crore.