A large part of the funding—$2.1 billion out of $2.2 billion—came from private equity firms.
The Mid-Cap space then witnessed a sharp recovery from the lows and a gradual up move was seen throughout the session.
Rupee is trading at 68.79 against dollar amid uncertainty ahead of the outocme of US Federal Reserve meeting.
After a choppy session, the 30-share index settled 83.88 points or 0.22 per cent higher at 37,481.12.
Gold is trading at Rs 35,780 per 10 gram in the bullion market here Wednesday due to lacklustre demand from jewellers.
The rupee opened weak at 68.89 at the interbank forex market and slipped further to 68.94, showing a decline of 9 paise.
Most investors preferred to stay on the sidelines ahead of the US Federal Reserve's meeting, traders said.
The border market saw much severe selling with BSE Mid-Cap Index down 1.58 per cent and BSE Small-Cap Index down 2.13 per cent.
Forex traders said strengthening of the greenback against Asian currencies weighed on the domestic unit.
The 50-share NSE Nifty too dropped 103.80 points to settle at 11,085.40.