Monday, April 22, 2013

STOCKS TO WATCH - APR 22




GLOBAL MARKETS ROUNDUP
* Nifty futures on the Singapore Exchange are 0.57 percent higher, while the MSCI-Asia Pacific index excluding Japan is 0.11 percent up.
* Bulls drove Japanese shares to nearly five-year highs as yen bears clawed at the symbolic 100 yen/dollar door after the Group of 20 gatherings in Washington all but endorsed the Bank of Japan's aggressive reflation drive.
* U.S. stocks rose on Friday as earnings from Google and other companies lifted tech shares, but the gains weren't enough to stop the S&P 500 from suffering its worst week since November.
FACTORS TO WATCH
* UltraTech Cement Ltd, Cairn India earnings.
* FII debt auction limits.
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.
India political parties reach consensus on key land reform bill (Reuters)
India 2012/13 exports fall but March pick-up offers c/a relief (Reuters)
ArcelorMittal CEO says high labour, energy costs hurt France (Reuters)
Reliance Comm says no longer in talks with Batelco over unit stake sale (Reuters)
Jaguar Land Rover eyes 20-30 pct China sales growth (Reuters)
New legal strains in Kingfisher jet repossession row (Reuters)
Wipro outlook points to uneven recovery for IT outsourcers (Reuters)
Cairn India to invest $926 mln in Rajasthan over 3 yrs - PTI in Economic Times
Hewlett-Packard may sell stake in Mphasis - Mint
Elections are still thirteen months away, reforms will continue: Finance Minister P Chidambaram - Economic Times
Tax treaty with Mauritius back to the drawing board, says FM P Chidambaram - Economic Times
Jet-Etihad deal: Bilateral traffic rights to boost profits of small airports - Economic Times
Tech contracts fall: Recovery is unclear, experts say IT cos must learn to survive in new normal - Economic Times
Entities funding India Inc's litigation costs see good business opportunity - Economic Times
Restart of Mining Positive, But Steel Prices may FallRestart of mining positive for Sesa Goa and JSW Steel, steel prices may fall - Economic Times
Policy aims to attract port infrastructure investments - Mint
US's ATC redials TowerVision deal - Times of India
Canara, OBC to oppose HSBC's plan to sell stake in insurance JV - Business Standard
Aircel aims to raise VAS revenues in East zone to 25% in FY'14 - Business Standard
Mukesh infuses 85.75 bln rupees into gas, port arms -Business Standard

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