The Nikkei share average rose 2.6% to close at 15,195.77 points, more than recouping Tuesday's losses.
The broader markets underperformed benchmark indices as the BSE Mid-cap and Small-cap tumbled over 2%.
Markets ended lower following expiry of July F&O contracts and sales by foreign funds.
Sensex ended up 11 points at 25,561 and the 50-share Nifty gained 16 points to end at 7,640.
Market breadth was weak with 1,260 advances and 1,597 losers on the BSE.
Investors booked profits at higher levels with oil shares leading the decline
The 30-share Sensex ended down 414 points at 25,481 and the 50-share Nifty slipped 119 points at 7,603.
Investors booked profits at higher levels despite the growth oriented Budget.
Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.
The venture is seen as a rival to the World Bank.
Investor sentiment got a boost following remarks from the Russian President Putin that allayed fears of an imminent military conflict in Ukraine
Market breadth ended weak on the BSE with 1,838 declines against 1,218 advances.
Roadshows will be held in Singapore, Hong Kong, London, New York and Boston, NTPC gained close to 1%.
The 30-share Sensex gained 321 points to end at 26,430 and the 50-share Nifty surged 100 points to end at 7,879.
Asia has opened largely in the green ahead of a raft of Chinese data due during the day.
The 30-share Sensex lost 22 points to close at 27,090 and the 50-share Nifty gained 7 points to end at 8,121.
Markets end higher ahead of Fed outcome, China stimulus
The 30-share Sensex ended up 248 points at a record closing high of 27,346.
FIIs pump in Rs 2,075 crore in past three trading sessions.
Shedding its gains from Monday, NIkkei has declined around 0.7% while Hang Seng and Shanghai Composite were trading marginally lower.
The Nifty had hit its third successive record high of 7,922.70 today.
Markets surged on hopes that the exit polls would show that the BJP winning majority in the general elections.
Sensex ended above 26,000 led by telecom shares amid TRAI's spectrum sharing norms.