The market has been in an upswing for the third straight day, with benchmark indices climbing a percent on March 30 ahead of the expiration of March derivative contracts, with banking and financials, auto, and IT sectors leading the way.
Peace talks between Russia and Ukraine, which encouraged hopes of a de-escalation of the conflict, bolstered public opinion.
The BSE Sensex rose 740 points to 58,684, while the Nifty50 rose 173 points to 17,498.
Both indexes have broken out of their consolidation ranges from the previous week, forming a small-bodied bullish candle on daily charts.
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