Indian Stock Markets opened strong on Monday as the government announced fiscal stimulus package of Rs 20k crore. Among major gainers during first 30 minutes of trading session were ICICI Bank, DLF, Idea Cellular, Grasim and SAIL. At 10.30 am, NSE Nifty was up by 87 points while BSE Sensex was up by 300 points.

Among other gainers were, Reliance Industries (up by Rs 26 at 1143), Satyam Computers (up by Rs 5.6 at 231), Unitech (up by Rs 2.5 at 33.3).

Technical Analyst Sudarshan Sukhani belives that the stock markets may remain bearish for next couple of months.

In Rajasthan, Congress is leading. Sheila Dikshit strongly hopes to win the election this time as well. BJP is offering tough competition to Congress in New Delhi. In MP, BJP is leading but Congress has gained compared to previous elections.

Markets may close strong on Monday due to economic package annouced by UPA government.