<p>After correcting severely yesterday, Indian market staged a smart recovery today as the benchmark BSE Sensex spurted by 290.82 points to 26,032.38 on value- buying in realty, metals and banking stocks amid hopes that government might convene a session for passage of GST bill.<br /><br />Moreover, recovery in rupee, which sharply appreciated by 76 paise to 65.89 intra-day against the dollar also supported sentiment, brokers said.<br /><br />Trading in a wide range of 826.35 points during the day, the index managed to reclaim the 26,000-level after falling to its lowest since August 8, 2014, clocked in previous trading.<br /><br />The BSE Sensex, which opened in the positive zone rallied to touch day's high of 26,124.83 briefly, but slipped into the negative zone as selling pressure re-emerged and fell to a low of 25,298.42.<br /><br />However, towards the middle of the day, it staged another comeback to close the session 290.82 points or 1.13 per cent higher at 26,032.38.<br /><br />In the previous three sessions, the index lost 2,190.08, including yesterday's biggest-ever fall of 1.624.51 points.</p>.<p><br />The NSE Nifty index also jumped 71.70 points or 0.92 per cent to end at 7,880.70. Intra-day, it reclaimed the 7,900 mark to touch a high of 7,925.40 and a low of 7,667.25.<br /><br />Equity brokers said sentiments got a boost after the government said, to pass key reform bills, including GST, it might reconvene the Monsoon Session.<br /><br />Market volatility was also high in view of August month expiry in the derivatives segment on Thursday.</p>.<p><br />Among 30-Sensex stocks, 22 ended with gains led by Vedanta, Tata Motors, Coal India, ICICI Bank, Axis Bank, NTPC, Tata Steel, GAIL, SBI, RIL, BHEL, Dr Reddy's and Hindalco.<br /><br />Barring IT, all the BSE sectoral indices notched up gains led by realty, metal, oil& gas, PSU and banking.<br /><br />Retail investors pumped money into mid-cap and small-cap shares with respective indices rising up to 1.99 per cent.<br /><br />Globally, most Asian bourses closed mixed with Chinese equities sliding by 7.63 per cent. A higher opening was seen in European markets. </p>
<p>After correcting severely yesterday, Indian market staged a smart recovery today as the benchmark BSE Sensex spurted by 290.82 points to 26,032.38 on value- buying in realty, metals and banking stocks amid hopes that government might convene a session for passage of GST bill.<br /><br />Moreover, recovery in rupee, which sharply appreciated by 76 paise to 65.89 intra-day against the dollar also supported sentiment, brokers said.<br /><br />Trading in a wide range of 826.35 points during the day, the index managed to reclaim the 26,000-level after falling to its lowest since August 8, 2014, clocked in previous trading.<br /><br />The BSE Sensex, which opened in the positive zone rallied to touch day's high of 26,124.83 briefly, but slipped into the negative zone as selling pressure re-emerged and fell to a low of 25,298.42.<br /><br />However, towards the middle of the day, it staged another comeback to close the session 290.82 points or 1.13 per cent higher at 26,032.38.<br /><br />In the previous three sessions, the index lost 2,190.08, including yesterday's biggest-ever fall of 1.624.51 points.</p>.<p><br />The NSE Nifty index also jumped 71.70 points or 0.92 per cent to end at 7,880.70. Intra-day, it reclaimed the 7,900 mark to touch a high of 7,925.40 and a low of 7,667.25.<br /><br />Equity brokers said sentiments got a boost after the government said, to pass key reform bills, including GST, it might reconvene the Monsoon Session.<br /><br />Market volatility was also high in view of August month expiry in the derivatives segment on Thursday.</p>.<p><br />Among 30-Sensex stocks, 22 ended with gains led by Vedanta, Tata Motors, Coal India, ICICI Bank, Axis Bank, NTPC, Tata Steel, GAIL, SBI, RIL, BHEL, Dr Reddy's and Hindalco.<br /><br />Barring IT, all the BSE sectoral indices notched up gains led by realty, metal, oil& gas, PSU and banking.<br /><br />Retail investors pumped money into mid-cap and small-cap shares with respective indices rising up to 1.99 per cent.<br /><br />Globally, most Asian bourses closed mixed with Chinese equities sliding by 7.63 per cent. A higher opening was seen in European markets. </p>