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Asian stocks are trading higher, with investors looking ahead to a week of central bank meetings that could indicate the end of U.S. policy stimulus.

Axis Securities is bullish on Indiabulls Real Estate with a price target of Rs 205 per share.

The state-run insurer holds 4.95% of the total issued and paid-up capital of the bank

Three wheeler dispatches stood at 22,471 units in-total which was down by 7% from 24,071 units in November 2020

In October, the mining output climbed 11.4%, and power generation increased 3.1%. The IIP had grown by 4.5% in October 2020

Among the gainers were Asian Paints, SBI, M&M, TCS and Bajaj Finserv

Sensex slipped 165 points or 0.28% to 58,641. Similarly, Nifty was quoting at 17,474 lower by 42 points or 0.24%

Credit Suisse reportedly expects the economy to continue to show positive surprises and record up to 9% growth in the next fiscal.

Axis Securities is bullish on Aurobindo Pharma with a price target of Rs 740 per share.

Equity mutual fund segment has received a net inflow of Rs 85,381 crore during this period, indicating the positive sentiments among investors.