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Dec 19 (Reuters) - GLOBAL MARKETS ROUNDUP* Nifty futures on the Singapore Exchange are 0.59percent higher, while the MSCI-Asia Pacific excluding Japanindex is up 0.13 percent.* Asian share markets rallied on Thursday as a Federal Reservecommitment to low rates offset a long-dreaded decision to taperstimulus, sending Wall Street to record heights and the dollargalloping above 104.00 yen for the first time since 2008. * U.S. stocks staged an explosive rally on Wednesday, drivingthe Dow and the S&P 500 to all-time closing highs after theFederal Reserve announced it would start to unwind its historicstimulus.
INDIAN STOCKS TO WATCHFor additional press items double click NOTE: Reuters has not verified third-party stories and does notvouch for their accuracy.
GAIL doubles marketing margin on gas - PTI in Mint(http://link.reuters.com/qyq55v)
State Bank of India may cut new home loan rates by 15-25 bps- Economic Times (http://link.reuters.com/ryq55v)
India, Japan raise currency swap arrangement limit to $50 bn- PTI in Economic Times (http://link.reuters.com/syq55v)
Financial Tech ruled 'not fit' to run India's biggestcommodities bourse -
Infosys on recovery path, plans to recruit 16,000 graduatesin FY15 - Economic Times (http://link.reuters.com/tyq55v)
India freezes duty-free alcohol in row with U.S. overdiplomat's arrest -
India poised to boost oil imports from Iran after Apr-Novshipments slide -
India cabinet to consider some sugar incentives thisweek-min -
INTERVIEW - India JSW Steel's main plant battling iron oreshortage -
Kotak Fund to raise Rs 38.5 bln to invest in stressed assets- Economic Times (http://link.reuters.com/wyq55v)
Vodafone gets Rs 37 bln tax bill from income tax department- Economic Times (http://link.reuters.com/xyq55v)
Cagey after KG, RIL to skip next NELP; Cairn & ONGC keen -Financial Express (http://link.reuters.com/zyq55v)
Spectrum sharing only within a circle: DoT - Business Line(http://link.reuters.com/bar55v) (Reporting by Manoj Rawal)
