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MARKET WRAP: Indices rise for 2nd day, Sensex up 185 pts; auto stocks rally

All that happened in the markets today

Markets continue to rally on RBI policy fillip; Sensex rises 164 points
In the broader market, the S&P BSE MidCap index gained over 1 per cent to settle at 15,019 levels.

The Indian stock market ended in the green for the second consecutive day on Wednesday, led by buying in Reliance Industries (RIL), Mahindra & Mahindra (M&M), Infosys, and TCS.  Auto stocks traded actively in the trade after data showed automobile sales for most companies in India rose at a brisk pace in August over the same month last year. The Nifty Auto index rallied over 1 per cent to 7,976.95 levels, with 10 out of 15 constituents advancing.  The benchmark S&P BSE Sensex ended 185 points, or 0.48 per cent higher at 39,086 levels, with M&M (up nearly 6 ...