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Indian stocks to watch - June 11

Source : REUTERS
Last Updated: Tue, Jun 11, 2013 03:00 hrs

June 11 (Reuters) - GLOBAL MARKETS ROUNDUP

* Nifty futures on the Singapore Exchange are 0.77 percent down and the MSCI-Asia Pacific index excluding Japan is 0.83 percent lower.

* Asian shares and the dollar steadied on Tuesday, after Standard & Poor's removed the near-term threat of another credit rating downgrade for the United States, just as data last week pointed to no imminent shift in the Federal Reserve's huge monetary stimulus.

* U.S. stocks ended little changed in weak volume on Monday, pausing after the previous session's strong gains and getting only a brief boost when the United States' credit outlook was revised to stable from negative.

FACTORS TO WATCH

* The Indian rupee will be watched after it hit a record low on Monday, weighed down by broad gains in the dollar and choppy domestic shares.

* India's car industry lobby group will release sales data for May. Domestic volumes are expected to continue to remain subdued on the back of negative consumer sentiment and a slowdown in economic activity. (0500 GMT)

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.

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(Compliled by Manoj Rawal)




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