Sensex, Nifty extend gains: Will the market recovery sustain further?

Gains in heavyweight stocks such as ICICI Bank Ltd, Bharti Airtel Ltd, Larsen & Toubro (L&T), Eternal Ltd, Mahindra & Mahindra (M&M), Tata Steel, HDFC Bank Ltd, Bharat Electronics Ltd (BEL), Axis Bank Ltd and Maruti Suzuki India Ltd (MSIL) supported the benchmarks.