New Delhi - Indian equity indices rose by over 5 per cent Monday, trailing a rally in Asian markets after China announced a stimulus package of 586 billion dollars to spur its economy in the wake of the global slowdown.

The Bombay Stock Exchange's 30-share sensitive index Sensex closed at 10,536.16, about 5.74 per cent above its previous close.

The broader 50-share S&P CNX Nifty of the National Stock Exchange closed at 3,148.25 about 5.89 above Friday's close.

Metal stocks led the rally in Indian markets closely followed by oil and gas, capital goods, power and realty. All sectoral indices on the Bombay Stock Exchange closed positive. (dpa)