u00a0The information technology index, led by three heavyweights, gained the most, 5.22 per cent, to reach 2,549.71.

Wipro, the country's third-largest software developer, was up 13.62 per cent to Rs 320 after Morgan Stanley and ICICI Securities raised their target price for the stock.

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Tata Consultancy Services, the largest software developer, added 4.60 per cent to reach Rs 567.95 and Infosys Technologies, the second largest, rose 5.11 per cent at Rs 1,449.85.

The metal sector index was the second-best performer, rising 5.20 per cent to 7,086.02, as Tata Steel rose 8 per cent, JSW Steel 9.04 per cent and SAIL 6.79 per cent.