The Reserve Bank of India is likely to hold rates at the end of its policy meeting in December. Stock market indexes advanced in the hopes of a recovery in the second half of the financial year. 

Strong gains in technology and banking stocks supported the reversal in market indexes in Tokyo. Capital spending in the third quarter accelerated, boosted by strong domestic demand.

China's manufacturing sector activities advanced for the second month in a row, according to two surveys. Non-manufacturing activities, which include the service sector and the construction sector, were stable in November. Foreign direct investment in the ten-month period to October fell by nearly 30%.

Second quarter GDP fell short of expectations set by the Reserve Bank of India, but economic activities are expected to pick up in the second half of the current fiscal year.

Stock market indexes in China and Hong Kong declined for the second consecutive month in November. Electric vehicle makers and solar panel companies were among the worst decliners amid rising trade barriers to the European Union and the U.S.

Japanese stock market indexes extended losses for the week and for the month after the yen strengthened following higher-than-expected inflation in November. Retail sales, unemployment rate, and industrial production matched expectations laid out by the Bank of Japan.

Stock market indexes in India trimmed weekly losses following a rebound in Friday's trading. Falling urban consumer spending and rate path uncertainty have dented the market index over the last two weeks.



Stock market indexes in Japan halted two-day slide after bargain hunters returned and risk sentiment improved. However, investors were cautious after the yen rebounded to a five-week high amid rate-cut speculation.

China and Hong Kong stock market indexes resumed their downward slide amid a lack of catalysts, weak consumer demand growth, and the property market showing no sign of revival.

Stocks in Mumbai lacked momentum amid cautious trading as investors debated the duration of the recent slowdown in earnings and economic outlook.

Benchmark indexes in Tokyo extended losses for the second day in a row, and the yen rebounded on speculation that the Bank of Japan may lift interest rates next month.

Profits at industrial companies in China declined at a slower pace in October, but the pace of slowdown was uneven. Chow Tai Fook announced a stock repurchase plan, and six-month profit fell sharply.

Stocks in Mumbai lacked direction, and market sentiment was slightly positive after the crude oil prices hovered near a two-year low amid easing of tensions in the Middle East.

Japan indexes reversed two-day gains as investors reassessed the impact of rising U.S. trade barriers and their impact on domestic economic growth. 



China investors overlooked U.S. president-elect Donald Trump's threats of higher tariffs on goods shipped from China, highlighting the growing reliance of U.S. businesses and households on Chinese products.