Mumbai, Dec. 22 -- Asian markets closed with strong gains on Monday, buoyed by Wall Street's tech-led rally on Friday. Sentiment was also boosted by People's Bank of China keeping its one-year and five-year Loan Prime Rate at record lows for the seventh consecutive month.

China's Shanghai Composite Index gained 27 points or 0.69 percent to finish trading at 3,917.36, versus the previous close of 3890.45. The day's trading ranged between 3,900.52 and 3,920.01.

Published by HT Digital Content Services with permission from Capital Market....