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The Nifty 50 closed up 142.60 points or 0.55% higher at 26,052.65, while the Sensex advanced 513.45 points or 0.61% to 85,186.47. The Nifty IT index led the sectoral gains, surging 2.97%.

Sectorally, Nifty IT rose 2.97% and Nifty PSU Banks close 1.16% higher and were the top gainers. In the broader markets, the Midcap index inched up 0.2%, but the Small-cap index declined by 0.4%.

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