Moreover, recovery in rupee, which sharply appreciated by 76 paise to 65.89 intra-day against the dollar also supported sentiment, brokers said.
    
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.
    
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.
    
However, towards the middle of the day, it staged another comeback to close the session 290.82 points or 1.13 percent higher at 26,032.38.
    
In the previous three sessions, the index lost 2,190.08, including yesterday's biggest-ever fall of 1.624.51 points. The NSE Nifty index also jumped 71.70 points or 0.92 percent 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.
    
Equity brokers said sentiments got a boost after the government said, to pass key reform bills, including GST, it might reconvene the Monsoon Session.


Also read: India has forex reserves to stabilise currency volatility: RBI Governor

 

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