The benchmark BSE Sensex recovered sharply over 213 points in early trade today powered by capital inflows by foreign funds and buying by retail investors amid a strong Asian trend. 

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Besides, better-than-expected Q1 earnings by Bharti Airtel buoyed sentiment.

The 30-share index, which had lost 115.13 points in the previous volatile session, gained back 213.52 points, or 0.76%, to 28,285.45. 

All sectoral indices led by metal, IT and realty were in the positive zone, rising up to 1.73%.

The NSE Nifty too climbed 62.55 points, or 0.73%, to 8,579.45.

Brokers said emergence of buying in blue-chips on a solid earnings show by Bharti Airtel after yesterday's fall amid a firming Asian trend mainly got the momentum back.

Bharti Airtel was trading 2.88% higher at Rs 425.60 after the company on Tuesday reported about a 40% jump in consolidated net profit at Rs 1,554.3 crore in the first quarter of the current fiscal.

Meanwhile, in its third bi-monthly policy review of this fiscal yesterday, RBI kept the short-term lending rate, or repo rate, unchanged at 7.25% and the cash reserve ratio (CRR), the amount of deposits lenders park with RBI, at 4%. 

Retaining the growth forecast at 7.6% for 2015-16, the central bank said the outlook is improving gradually. 

In other markets in Asia, Hong Kong's Hang Seng ticked up 0.22% while Japan's Nikkei rose 0.81% in early trade today. 

The US Dow Jones Industrial Average was down 0.27% in Tuesday's trade.