Retail sales in China rose 8.5% in July as compared with a year ago, according to official data released Monday.
Asian stocks traded lower on Monday as the delta virus strain hampers economic reopening and as investors reacted to the release of economic data.
Stocks to buy: Sneha Seth of Angel Broking is positive on Tech Mahindra with a target price of Rs 1,365.
Manas Jaiswal of Manas Jaiswal Technical Research Group is posotive on Pidilite with a target price of Rs 2,375
Asian markets ended mostly lower on Wednesday, even after the US Senate approved a $1 trillion bipartisan infrastructure bill.
There may be some sort of profit booking is due in the metal sector. However, looking at the global metal price this momentum is likely to continue
The scrip traded 15.75% down at Rs 5.08 at around 10.30 am (IST), while the benchmark BSE Sensex traded 0.13% lower at 54,297 at around the same time
The MPC, a six-member team headed by RBI governor Shaktikanta Das, had left the rates unchanged last time, citing concerns about inflation.
Stock recommendations: Nirmal Bang Securities is positive on ONGC with a target price of Rs 125
Shares of index heavyweights RIL, ITC and ICICI Bank will react to their results.