STOCKS TO WATCH - MAY 2

GLOBAL MARKETS ROUNDUP
* Nifty futures on the Singapore Exchange is 0.23 percent down while the MSCI-Asia Pacific index excluding Japan is 0.45 percent lower.
* Asian shares were capped on Thursday, weighed by a fall in U.S. equities overnight and caution before the European Central Bank's interest rate decision later in the session.
* U.S. stocks fell sharply on Wednesday as the latest economic data continued a trend of indicators pointing to anaemic growth while bellwether companies disappointed on revenue.

FACTORS TO WATCH 
 * RBI to release macroeconomic review at 1230 GMT.
 * Earnings of Bharti Airtel Ltd.
* India's purchasing managers' index (PMI) for April (0500 GMT)

INDIAN STOCKS TO WATCH 

*India's TVS Motor April sales down 5.3 pct y/y - Reuters
*India's Maruti Suzuki April local vehicle sales up 0.3 pct
*India's Mahindra April auto sales up 2 pct
*India's Hero MotoCorp April sales down 9.5 pct y/y
*Tata Motors April sales fall 15 pct y/y
*India cuts subsidy for potash, phosphate based fertilisers
*India may sweeten rate cut with lower reserve ratio, dovish talk
*Ranbaxy sued by Acura Pharmaceuticals over generic pain drug - Mint
*Bharti may be planning to raise 65 bln rupees from foreign investors - Business Standard
*Hero Motocorp eyes production in Colombia, Bangladesh - Business Standard
*India's Marico Jan-March net up 26.11 pct - Reuters
*Baring Asia in talks to invest $240 mln in Lafarge India-sources
*India's March infrastructure output up 2.9 pct y/y - govt
*India's IOC cuts petrol prices from Wednesday
*India's IDFC Q4 net profit jumps 57 pct
*NTPC may sign key pacts with Sri Lanka by May end - Mint (
*ICICI Prudential gets 1.36 bln rupees Service tax notice - PTI in Mint
*Emkay Global in serious trouble as panel rejects cancellation of trades - Economic Times
*Phase 3 of FM radio auction cleared; 839 channels to go on air - Business Line

Posted in: STOCKS TO WATCH