GLOBAL MARKETS ROUNDUP* Nifty futures on the Singapore Exchange up 0.95percent and the MSCI-Asia Pacific index excluding Japan gains 0.78 percent. * Asian shares rose to their highest in nearly five months onexpectations of an imminent deal to reopen the U.S. governmentand avert a possible debt default, though the squabbling inWashington kept markets on edge ahead of Thursday's deadline. * U.S. stocks ended a volatile session with modest gains onMonday, as investors bet that there would soon be a deal inWashington to increase the debt limit, though there were noobvious signs of progress.
KEY FACTORS/EVENTS TO WATCH
* Earnings on Tuesday include HDFC Bank Ltd andTata Consultancy Services Ltd.
INDIAN STOCKS TO WATCH
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NOTE: Reuters has not verified third-party stories and doesnot vouch for their accuracy.
Food prices drive up Indian inflation, strengthening ratehike view
India's Reliance seeks gas price clarity before boosting D6investments
India's Fortis to sell Quality Healthcare to Bupa for $355mln
Top telecommunications companies raise rentals of 2G dataplans - Economic Times (http://link.reuters.com/kaz73v)
Idea faces 6 billion rupees penalty for 'wilful' breach oflicence norms after doing merger with Spice - Economic Times (http://link.reuters.com/maz73v)
Global pharmaceutical companies may get to sell drugslocally without conducting clinical trials - Mint (http://link.reuters.com/naz73v)
Larsen & Toubro infotech sales to top $1 billion by year-endin revenue - Economic Times (http://link.reuters.com/paz73v)
NTPC plans to set up new mining unit for fuel security -Mint (http://link.reuters.com/qaz73v)
Indian Oil selected bidder for West Bengal Govt'sdisinvestment of stake in Haldia Petrochemicals
India's CMC Ltd Sept-qtr net profit up 36 pct
Cabinet Committee frees up 92 major investment projectsworth 3.5 trillion rupees - Economic Times (http://link.reuters.com/raz73v)
Reliance Infrastructure to enter Nifty Midcap 50; VijayaBank to exit - PTI in Economic Times (http://link.reuters.com/saz73v)
SingTel seeks to raise stake in Indian arm - BusinessStandard (http://link.reuters.com/taz73v) (Compiled by Manoj Rawal)