** The Australian technology sub-index .AXIJ rose as much as 1.5% to 2,934.90 points to hit its highest level since Nov. 19
** Sub-index tracks overnight gains in Wall Street, as Nasdaq and S&P 500 scored record closing highs, boosted by tech-related shares .N
** Stock posts its biggest intraday pct gain since Nov. 19
** Shares of software developer Xero XRO.AX rise about 0.6%
** AXIJ up 58.9% YTD, as of 1127 GMT
(Reporting by Adwitiya Srivastava in Bengaluru)
((Adwitiya.Srivastava@thomsonreuters.com))