Indian shares rise on auto, financial boost; CPI data awaited

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Gains in auto and financial stocks boosted Indian shares on Monday, with investors awaiting data on consumer price inflation (CPI) for June and industrial output for May.

Sentiment was also be buoyed by a relief rally in Asian peers as U.S. stocks hitting all-time highs and China's policy easing helped calm jitters on global growth.

The focus is now on consumer inflation and industrial output data, which will be released later in the day. The country's retail inflation probably accelerated to a seven-month high in June on rising food and fuel prices, staying above the Reserve Bank of India's comfort zone for a second straight month, a Reuters poll showed.Sign up for our newsletter

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Auto is rising globally.

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