NEW DELHI: The Nifty50 was trading comfortably above its crucial level of 8,550 supported by gains in realty, oil & gas, metal, consumer durable, and auto stocks. The Nifty50 was trading at 8,571 up 6 points or 0.07 per cent. Japan's benchmark Nikkei was trading 1.17 per cent higher at 16,876, while China's Shanghai Composite rose 0.20 per cent to 3,033. At 09:20 am, the 30-share index was trading at 27,938, up 20 points or 0.08 per cent. Some experts said the Nifty50 may need to breach the 8,000 level for the equity rally to continue.

Source: Economic Times July 21, 2016 02:26 UTC