Mumbai, Jan. 22 -- Domestic equities rebounded on Thursday after three consecutive sessions of losses, snapping the recent decline and restoring some investor confidence.

The BSE Sensex and the Nifty 50 rose sharply in early trade, tracking a positive global market trend that lifted risk appetite. The Sensex jumped more than 800 points at the day's high, while the Nifty 50 moved back above the 25,400 level, before trimming part of the gains later in the session. PSU banks and chemical shares advanced while consumer durables and realty shares were under pressure.

Market sentiment improved amid a broader rebound in global equities. Comments from Russian President Vladimir Putin helped ease geopolitical concerns, while remarks from former ...