Markets ended firm on Wednesday with the BSE Sensex gaining 112 points or 0.7 per cent at 15,073 levels. It closed 350 points off from day's high. The index touched a high of 15,422 during the day.

The broader market index Nifty also ended in green, up 14.7 points or 0.33  per cent, to 4517 levels.

Buying was visible in capital goods, auto, FMCG and IT counters while selling was evident in metal, healthcare and realty sectors.

“Markets are in a short-term uptrend. Nifty may touch 4750 levels in the very short-term. It finds support at 4250-4050 levels. If this level is breached it can touch 3800 levels on the downside,” said Ashu Kakkar, Tech Analyst, Skypowerfinancialservices.com.

He also added that beaten down counters like bank, realty, cement would perform well in the coming days.

Maruti Suzuki gaining 6.2 was the biggest gainer among the BSE-30 scrips. Other major gainers in the group were Tata Motors, Bharti Airtel and ACC. Tata Steel was the biggest loser among the BSE-30 stocks, shedding 4.5 per cent.

Other Asian markets ended firm on Wednesday, barring Hong Kong’s Hang Seng, that closed in the red turf. Japan’s Nikkei and South Korea’s Kospi ended in the green by over 2.6 per cent each.

Metals shed 3%

The BSE metal index, losing 421 points or 3.2 per cent, was the biggest loser among the sectoral indices. Ispat Industries, JSW Steel and Nalco were the major losers in the pack.