STOCKS TO WATCH - MAY 3

GLOBAL MARKETS ROUNDUP     
   * Nifty futures on the Singapore Exchange is 0.08
percent up while the MSCI-Asia Pacific index excluding Japan
 is 0.4 percent higher.       
   * Asian shares rose on Friday after an interest rate cut by
the European Central Bank added to hopes that more stimulus from
yet another major central bank will help shore up the global
economic recovery.  
   * U.S. stocks closed about 1 percent higher on Thursday, led
by tech shares, after weekly jobless claims figures pointed to
improving labour market conditions a day before the closely
watched monthly payroll report.    
      
FACTORS TO WATCH    
    * India's central bank will announce its annual monetary
policy statement for 2013/14 fiscal year that started in April.
(0530 GMT)
    * Earnings of Ambuja Cements Ltd and ACC Ltd
 
    
INDIAN STOCKS TO WATCH
     
    *India central bank sees 'very limited' room to ease policy
 

    *Indian cabinet clears IKEA's 1.5 bln euro investment plan
 

    *Adani Ports gets security clearance after three years from
Home ministry to bid for projects - Economic Times 

    *India mulls emergency tariffs on some steel products
 

    *Govt clears ETF for public units to push disinvestment - PTI
in Economic Times

    *Arunachal scraps power deal with Naveen Jindal group -
Economic Times

    *DLF to raise 15 bln rupees by divesting its non-core assets
to pare debt - Economic Times

    *CCEA okays Andrew Yule financial restructuring plan - PTI in
Economic Times

    *Sebi fines RIL entity 110 mln rupees in insider trading case
- Times of India

    *JP Morgan may pick up 8 bln rupees stake in Bhaskar Group's
Diliigent Power - Economic Times

    *Ambani brothers to extend their corporate kinship in
telecom, two more deals by mid-June - Business Standard 

    *Kingfisher lenders set to file Sarfaesi claim - Financial
Express 

    *Mukesh's Reliance Jio to rent 30,000 towers from Anil's
Reliance Infratel - Financial Express 

Posted in: STOCKS TO WATCH