Wednesday, May 15, 2013

STOCKS TO WATCH - MAY 15



GLOBAL MARKETS ROUNDUP
* Nifty futures on the Singapore Exchange are 0.4 percent up and the MSCI-Asia Pacific index excluding Japan is 0.27 percent lower.
* Asian shares were steady on Wednesday, with Tokyo stocks surging to a fresh 5-1/2 year high as Japanese exporters rallied on the yen's sharp slide.
* U.S. stocks rallied to fresh highs on Tuesday as investors picked up large-cap companies' shares on the expectation that central bank stimulus will help propel the rally further.

FACTORS TO WATCH
* United Spirits Ltd's March-quarter earnings.

INDIAN STOCKS TO WATCH
 
*India's DLF share sale of up to $345 mln fully covered - exchange data - Reuters
*ICICI, HDFC Bank, Axis flouted norms but no money laundering - Mint
*Shale gas policy may hit big companies hard - Business Standard
*Novelis' recycling strategy helps lift profit - Reuters
*Ranbaxy may take $1 bln hit - analysts - Times of India
*Government starts moves for conciliatory settlement with Vodafone - PTI in Economic Times
*India cbank to take note of lower inflation - Governor - Reuters
*U.S. urged to take tougher line on Indian trade practices - Reuters
*ECB norms eased for aviation, infra firms, OMCs - Financial Chronicle
*ITC plans to foray into oral care segment - Business Standard
*Rajesh Exports under DRI scanner - Business Standard
*Govt mulls ordinance route on land acquisition Bill - Business Standard
*Kumar Birla, family to invest 5.25 bln rupees for retail ramp-up - Economic Times

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