Mumbai: India`s stock markets bounced back on Tuesday from their lowest levels in around a year after the government said it was considering reconvening parliament to make another attempt to pass the goods and services tax (GST).
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Parliament failed to pass the GST bill earlier this month after it fell victim to an impasse over allegations of impropriety against Prime Minister Narendra Modi`s cabinet and party colleagues.
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The broader Nifty was up 0.91 percent at 1348 India time (0818 GMT) in a volatile trading session after earlier falling as much as 1.8 percent to its lowest since Aug. 12, 2014.
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The benchmark BSE Sensex was up 0.97 percent after earlier falling as much as 1.7 percent to its lowest since Aug. 8, 2014.
