European shares also looked set to rise on opening with pan-region Euro Stoxx 50 futures up 0.61% and FTSE futures 0.41% higher.
Evergrande's own shares dropped 8.2% on Thursday and have plunged more than 80% this year.
MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.82%, extending earlier losses after the release of the Chinese data
Japanese shares have been on a tear as hopes for fresh stimulus from a new Prime Minister saw the Nikkei surge 4.3% last week
Top Nifty gainers included Kotak Mahindra Bank, Powergrid, Grasim and BPCL, among others
Investors looked to lock in gains after the recent rally but most dips were bought into, which left indices unchanged at close.
The domestic benchmark indices extended their gains to the third day in a row on Monday
Investor wealth rose by Rs 3.6 trillion on the BSE today, taking m-cap of all listed BSE companies to Rs 247.34 trillion
Investors are mostly waiting for the Federal Reserve's Jackson Hole symposium on Friday and what central bank chair Jerome Powell might say about U.S. tapering monetary stimulus
The Nifty IT index put up a strong show with a 0.7 per cent gain while the Nifty Realty index slipped 0.8 per cent.
The rapid spread of the infectious Delta variant and low vax rates have caught much of the region off-guard, especially in emerging markets, even as economies in Europe and North America reopen
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.73%, snapping five successive sessions of decline
The latest positive global sentiment has helped the markets shrug off the underwhelming June quarter results, earnings downgrades, and the possibility of further downgrades
MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.35%, dragged down by Chinese blue chips, which fell 0.56% and Hong Kong down 0.46%
In Asia, MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.40% in early trading.
MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.31 per cent in morning trading
MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.35% in early trading
Asian stock markets were mostly higher Tuesday as investors looked ahead to a Federal Reserve report for an update on when US stimulus might start winding down. Shanghai, Tokyo and Seoul advanced while Hong Kong retreated. On Monday, Wall Street's benchmark S&P 500 index rose to a new record, shrugging off worries about the spread of the coronavirus's more contagious Delta variant. Investors awaited the Fed report Wednesday for signs of the central bank's level of concern about inflation and when it might start rolling back easy credit and other economic stimulus. Minutes of the Fed meeting in June showed board members discussed how and when they might reduce monthly bond purchases that inject money into the financial system. We expect Jay Powell to reiterate that the tapering discussion is underway, but that it's too soon to reveal a specific date, Danielle DiMartino Booth of Quill Intelligence said in a report. The Shanghai Composite Index gained 0.2% to 3,475.66 and the Nikkei
HONG KONG (Reuters) - Asian equity markets rose cautiously Tuesday, after touching year to date lows the day before, with traders keeping at least half an eye on the United States where major companies report earnings and the Federal Reserve meets on policy this week.
Japan's Nikkei dropped 1.3% as did Australia's benchmark share index. South Korea's KOSPI was 1% lower