Indian Stocks to Watch - April 26

Last Updated: Fri, Apr 26, 2013 03:00 hrs

GLOBAL MARKETS ROUNDUP * Nifty futures on the Singapore Exchange is 0.08 percent up while the MSCI-Asia Pacific index excluding Japan is 0.35 percent higher. * Asian shares steadied on Friday, tracking global equities after upbeat U.S. labour market data, with investors turning their attention toward corporate earnings to assess the outlook for growth after a recent run of soft global data undermined sentiment. * U.S. stocks rose on Thursday, lifted by stronger-than-expected earnings and a large drop in weekly jobless claims.

The S&P 500, up for five straight sessions, traded within a point of its record closing high before shedding about half of the day's gains. The high was near the 1,593 level that is expected to be technical resistance.


* Earnings of Maruti Suzuki India Ltd, Hero MotoCorp Ltd, ICICI Bank Ltd later in the day.

* The India Meteorological Department releases maiden forecast for the four-month long monsoon season from June.

* RBI to release forex, bank loan data.

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's Jindal Steel Jan-March net down 34.88 pct (Reuters)

India's Idea Cellular profit rises 30 pct; beats estimates (Reuters)

Coal India sees first import of at least 5.8 mln T in 2013/14 (Reuters)

Indian government pitches for rating upgrade with S&P (Reuters)

Indian govt may shift cash hoard to commercial banks, help lending (Reuters)

Shell says challenges India tax demand order in court (Reuters)

India's L&T Finance Holdings Jan-March net up 21.28 pct (Reuters)

Bata India Jan-March net up 7 pct (Reuters)

India's Petronet signs initial purchase deal with United LNG (Reuters)

Etihad may want bigger role in Jet Airways management but Sebi would be watching (Economic Times) (

IT cos Infosys, Mahindra Satyam, Wipro banking on start-ups in quest for ideas and tech (Economic Times) (

Bharti Airtel, Vodafone, Idea rigged 3G auctions: BSNL to Supreme Court (Economic Times) (

Tata Motors hits out at move to allow quadricycles; Rajiv Bajaj rubbishes contention (Economic Times) (

HP eyes $1bn sale of MphasiS stake (Economic Times) (

More West Asian hubs join Indian sky war (Business Standard) (

Three ministries oppose Rangarajan committee's gas pricing formula (Business Standard) (

AirAsia India pitches plan of action to ministry (Mint) (

Jindal Petroleum finds oil in Georgia, to spend $100 mln - (PTI in Economic Times) (

Proposed Land Acquisition Bill concern for industry, says Ficci (PTI via Financial Express) ( (Complied by Dipika Lalwani)

More from Sify: