Auto stocks lead the market higher !!

Auto stocks lead the market higher Indian benchmark indices ended modestly higher, with the Sensex gaining about 0.35% and the Nifty rising 0.28%. Auto stocks led the rally after strong quarterly earnings, with Mahindra & Mahindra advancing around 2% and Balkrishna Industries soaring nearly 11%. IT stocks also extended their July gains, although higher crude oil prices and uncertainty after the U.S. Federal Reserve meeting capped broader gains.