Jan 3 (Reuters) - GLOBAL MARKETS ROUNDUP* Nifty futures on the Singapore Exchange fall 1.1percent, while the MSCI-Asia Pacific excluding Japan index is down 1.3 percent.* Asian share markets were under water on Friday after a suddenreversal in some very popular, and thus crowded, trades sparkeda bout of global risk aversion. * U.S. stocks fell on their first day of trading in 2014 asinvestors booked profits in the wake of the S&P 500's bestyearly advance since 1997, with many of last year's strongestperformers down on the day.
FACTORS TO WATCH* India Prime Minister Manmohan Singh to hold press conferenceat 1100 India Time. * India Services PMI data at 1030 India Time. * India's forex reserves data.
INDIAN STOCKS TO WATCHFor additional press items double click NOTE: Reuters has not verified third-party stories and does notvouch for their accuracy.
GMR project in Maldives may be revived, hints Maldivian Prez- Economic Times (http://link.reuters.com/cem75v)
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Tata Motors Dec sales down 42 pct -
TVS Motor December sales rise 2 pct -
Hero Motocorp Dec sales down 3 pct -
State Bank of India board approves allotment of 20 blnrupees of tier-2 bonds
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To boost supply, govt relaxes norms for mega power projects- Business Line (http://link.reuters.com/zam75v)
ONGC strikes it rich in KG Basin, output in FY17 - FinancialExpress (http://link.reuters.com/xam75v)
(Compiled By Manoj Rawal)