Nifty gains, auto stocks rally on earnings hopes

Reuters Market Eye - The Nifty gains 0.8 percent, on way to snap a three-day losing streak. Asian stocks rise on Wall St surge, dollar steady after rebound.

Auto stocks gain: Mahindra & Mahindra up 5.9 percent after April-June earnings beat estimates.

Tata Motors gains 2.8 percent on optimism ahead of its quarterly earnings later in the day.

Adani Enterprises jumps 5.8 percent on April-June earnings.

Realty stocks jump after regulator approves REITs.

(Reporting by Abhishek Vishnoi)