Indian stocks to watch - June 10
10/06/2013 04:18
GLOBAL MARKETS ROUNDUP * Nifty futures on the Singapore Exchange SINc1 are 0.76 percent up and the MSCI-Asia Pacific index excluding Japan .MIAPJ0000PUS is 0.06 percent higher. * Japanese shares rebounded strongly on Monday, tracking a rally in global equities following U.S. jobs data that was solid but not strong enough to cause worry about near-term tapering of the Federal Reserve's massive stimulus. MKTS/GLOB * The Dow shot up more than 200 points, scoring its best day since Jan. 2, and the S&P 500 ended a two-week losing streak on Friday after U.S. jobs data eased investors' worries that the Federal Reserve may be reducing its stimulus program in the near future. .N FACTORS TO WATCH *Indian rupee will be watched as it approaches a record low. INDIAN STOCKS TO WATCH For additional press items double click IN-PRESS NOTE: Reuters has not verified third-party stories and does not vouch for their accuracy. Rifts exposed as Modi chosen to lead India's opposition party [ID: nL3N0EL0BD] Cbank may cut open market ops to prod baulky banks on rate cuts ID:nL3N0EG0W4 RBI to come out with paper on banking structure: Subbarao - PTI in Financial Chronicle (http://link.reuters.com/mef78t) Shell, ONGC and MRPL eye tie-up for fuel retailing - Business Standard (http://link.reuters.com/jef78t) FinMin to decide on Jet-Etihad Airways deal, Telenor FDI plans on Tuesday - PTI in Financial Express (http://link.reuters.com/kef78t) New Indian rules a setback for foreign, local retailers ID:nL3N0EJ143 India's Ambani brothers in $2.1 bln telecom tower sharing pact ID:nL3N0EJ19P Indian banks to do periodic legal audit of loans above 50 mln rupees: cbank ID:nI8N0DO01W Monsoon set for above average rainfall in maiden week ID:nL3N0EH2JO Reliance says to invest $26 bln, tight-lipped on 4G plans ID:nL3N0EI18M YES Bank founder Rana Kapoor eyes Four Seasons Hotel Bangalore - Times of India (http://link.reuters.com/nef78t) Ranbaxy's Dewas and Paonta units under DCGI scanner, to face inspection - Economic Times (http://link.reuters.com/pef78t) Maruti plans foray into LCV market with 'Y9T', export push amid slump - Economic Times (http://link.reuters.com/qef78t) Essel Group & Shyam Telecom put communications JV co on the block - Economic Times (http://link.reuters.com/ref78t) (Compiled by Dipika Lalwani) ((Dipika.Lalwani@thomsonreuters.com)(dipika.lalwani@thomsonreut ers.com)(+91-22 6180-7098)(Reuters Messaging: dipika.lalwani.thomsonreuters.com@reuters.net)) Keywords: MARKETS INDIA STOCKS/PRE OPEN