Investors now await the minutes from the Fed's meeting in December, due later in the day
Research ShareIndia is bullish on State Bank of India with a price target of Rs 475 per share.
China's factory activity grew at its fastest pace in six months in December, driven by production hikes and easing price pressures.
Ventura Securities is bullish on Asian Paints with a price target of Rs 3,700 per share.
Asian stocks are trading mixed on the first day of 2022
Kotak Securities is bullish on State Bank of India with a price target of Rs 471 per share.
Axis Securities is bullish on Kajaria Ceramics with a price target of Rs 1,355 per share.
China's factory activity saw an acceleration in growth during December, with the manufacturing Purchasing Managers' Index (PMI) coming in at 50.3.
Asian stocks rose on Thursday, tracking overnight gains on Wall Street.
Axis Securities is bullish on GNFC with a price target of Rs 474 per share.