Wednesday, April 17, 2013

STOCKS TO WATCH - APR 17



GLOBAL MARKETS WATCH

* Nifty futures on the Singapore Exchange up 0.4 percent and the MSCI-Asia Pacific index excluding Japan was 0.3 percent higher.
* Asian shares and commodities recovered on Wednesday as a sharp sell-off over the past two sessions lured bargain hunters, with sentiment bolstered by positive American corporate earnings and data supporting the case for ongoing U.S. monetary stimulus.
* U.S. stocks jumped more than 1 percent on Tuesday, a day after their worst decline since November, as gold prices rebounded and earnings from Coca-Cola and Johnson & Johnson improved the outlook for first-quarter results.
FACTORS TO WATCH
* HCL Technologies, Tata Consultancy Services report March quarter earnings.
* Finance Minister P. Chidambaram meets U.S. investors in New York.
* Indian Prime Minister at global clean energy summit.
INDIAN STOCKS TO WATCH For additional press items double click NOTE: Reuters has not verified third-party stories and does not vouch for their accuracy.
Reliance profit grows as refining margins rise
Goldman Sachs to manage India state companies ETF-sources
State Bank of India FY13 loan growth at 21 pct-chairman
Adani Ports may get security clearance - Mint
GAIL to sell stake in China Gas Holdings - PTI in Mint
SBI mulls merging one of its associate banks this year - Economic Times
India, EU eye more sops, fail to clinch trade deal - Times of India
Debt-laden GOL Offshore defaults repayment of 2 bln rupees FCCBs - Economic Times
L&T close to winning 43 bln rupees Saudi order - Business Standard

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