Today, the 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) dropped from its opening peaks to rule 73 points up as against its last closure, about an hour into trade.

The Sensex, which belled the day 16,419.1, stood at 16,481.6, up 73.11 points (0.45%) from its previous close at 16,408.49.

At the National Stock Exchange (NSE), the broad-based Nifty remained up by 0.38% to trade at 4,938.35 from its previous close.

Broader markets remained flat, with the BSE midcap index trading 0.04% higher and the BSE smallcap index 0.28% up.

On Wednesday, the Sensex ended at a nearly two month low at 16,408.49, down 467.27 points on account of heavy selling activity by foreign institutional investors along with depressing advice from global markets. On the other hand, Nifty marked its closure below 5k at 4,919.65.

Germany's decision to banish naked shorting of some financial instruments comprising shares of ten German financial companies distressed world stocks, with the domestic stock markets. (With Inputs from Agencies)