Indian equity markets, bullish on hopes of recovery in the US economy, closed in the green on Monday with the Bombay Stock Exchange benchmark index up nearly 250 points when the session came to a close.

The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) close at 17,935.68 points, up 243.06 points or 1.37 percent.

Similarly the National Stock Exchange (NSE), the broader S&P CNX Nifty, a basket of 50 shares, closed at 5,368.40 points, with a gain of 77.90 points over the previous close.

The up move was led by gains in realty, oil & gas and auto space while the IT stocks bucked the trend.

Brokers said trading sentiment was largely buoyed by firming trend on the global markets after the biggest growth in the US jobs in three years, raising recovery hopes for the world's largest economy.

Japan's Nikkei was up 0.51 percent in the morning trade after a firm dollar lifted exporters.