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.
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.
Investors are keenly awaiting the US inflation data in order to gauge the Fed’s decision on rolling back economic stimulus
Sustained FII selling had pushed the market to oversold territory, facilitating a sharp rebound when risk-on resumed globally.
Asian stocks are trading higher on Thursday as traders bet the global recovery will be resilient to the new virus strain.
Kotak Securities is bullish on Oberoi Realty with a price target of Rs 900 per share.
Sensex zoomed 729 points or 1.26% to 58,362 while Nifty was quoting at 17,387 surging 210 points or 1.23%.