At 11am, Indian Stock markets were trading with decent gains. NSE Nifty was up by 76 points at 2790. BSE Sensex was at 9223 with a gain of 258 points. Among sectoral indices, BSE Auto was up by 61 point while BANKEX was up by 138 points at 4845.

Metal and Energy counters were trading strong as well. Almost all sector indices were trading in positive.

Among major gainers on NSE were Unitech, DLF, Suzlon Energy, Idea Cellular and HDFC.

Reliance Infra was trading 5.2% higher at 11 am. SAIL, Cairn India, GAIL, Grasim and Tata Steel were trading with a gain of over 5 per cent.

Among technology stocks, Wipro, Satyam Computers, Infosys Technologies and Tech Mahindra were trading strong.

Among Sensex stocks, JP Associates, HDFC, HDFC Bank, Reliance Communications, Tata Power, TCS, Bharti Airtel and ACC were major gainers.

Indian stocks markets may close positive on Monday as the government annouced duty cuts and fiscal stimulus package last week. Election results in many Indian states can impact the market during the final hours of trading. US markets closed positive on Friday.