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Indian stocks to watch - Jan 3

Fri, 03rd Jan 2014 02:55

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)

Voda in talks to buy Tatas out of Teleservices - EconomicTimes (http://link.reuters.com/bem75v)

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

AgustaWestland welcomes India chopper arbitration, warns onjobs

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)

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