Indian Stock markets were trading strong at 3.00 pm IST with NSE Nifty up by nearly 120 points at 4520. BSE Sensex was trading strong above 15,000 level with a gain of nearly 370 points.

Among major gainers were Reliance Infra, ACC, Maruti Suzuki, Sterlite and ITC. Reliance Infra was up by nearly 7.6% at 1174. ACC gained nearly 6.6% and the cement major announced positive results. Indian bank also announced decent growth in quarterly profits and the market sentiment was positive.

Maruti announced positive results and the stock was up by nearly 6.2%. The stock touched an intraday high of Rs 1295 till 3.00 pm.

Among other gainers were PNB, Suzlon Energy, Mahindra Satyam, Reliance Power, Axis Bank, Unitech and Cipla.