Indian share prices closed up 1.35 percent on Tuesday in volatile trade led by software companies, dealers said. The Mumbai stock exchange's 30-share Sensex index rose 110.97 points to 8,317.8 on trading volumes of 28.74 billion rupees (632 million dollars).
The markets have now risen for five consecutive trading sessions. "Technology stocks led the upswing and though buying was seen across index stocks, it would be early to assess whether a fresh rally has commenced," said Manoj Kakaiya, dealer with ULJK Securities.
Dealers said India's largest software exporter Tata Consultancy Services rose after it announced a 23 million dollar acquisition of Comicrom, a Chilean business process outsourcing firm.
Tata Consultance rose 16.5 rupees or 1.13 percent to 1,475.15.