The market
is still surging ahead with major support from autos, metals and IT. The Sensex is up 248.43 points or 0.9 percent
at 28181.33 and the Nifty is up 65.40 points or 0.8 percent at 8519.50.
About 1611 shares have advanced, 658 shares
declined, and 132 shares are unchanged. Maruti, Tata Motors, M&M, ONGC and
Reliance are top gainers in the Sensex.
China's
economy grew an annual 7 percent in the second quarter, steady with the
previous quarter and slightly better than analysts' forecasts, though further
stimulus is still expected after the quarter ended with a stock market crash.
It has been a difficult year for the world's second-largest economy.
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