In highly volatile trading, the Bombay Stock Exchange benchmark Sensex was ruling higher by 200 points at 1300 hrs on Wednesday on the back of buying by funds in select heavy-weight stocks.
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After gaining 148 points in early trade, the 30-share index was quoted lower by 163 points to 12,697 at 1115 hrs, but moved up by 200.29 points to 13,060.72 at 1300 hrs.
Similarly, the wide-based National Stock Exchange's Nifty was up by 48.45 points at 3,969.65 as heavyweight stocks were back in the positive zone.