BENGALURU: Indian shares rose on Monday, helped by auto stocks as monthly data showed recovery in July sales after a second wave of COVID-19 cases had dented demand.

By 0345 GMT, the blue-chip NSE Nifty 50 index climbed 0.5% to 15,845 and the benchmark S&P BSE Sensex rose 0.60% to 52,901.28.

Both the indexes posted their third straight monthly gains in July.

Indian shares jump as financials extend gains

India's top car maker Maruti Ltd on Sunday reported 50% jump in July sales, compared with a year ago, while Jaguar Land Rover parent Tata Motors Ltd posted a 92% surge in total domestic sales.

Bajaj Auto Ltd on Monday said its July sales jumped 44% against a year ago.

The Nifty auto index rose 1%, led by a 1.6% gain each in Maruti and Tata Motors.