May 8 (Reuters) - GLOBAL MARKETS ROUNDUP
* Nifty futures on the Singapore Exchange are 0.46
percent up and the MSCI-Asia Pacific index excluding Japan
is 0.65 percent higher.
* Asian shares rose on Wednesday on another record high for
U.S. stocks and unexpectedly strong German industrial orders, as
investors await the first batch of April data from China for the
latest take on the region's powerhouse economy.
* The Dow closed above 15,000 for the first time on Tuesday
and the S&P 500 ended at another record high, extending the
market's rally as more investors rushed to join the party and
German industrial data beat expectations.
FACTORS TO WATCH
* India's southern state of Karnataka will declare election
results, which will indicate the political mood ahead of
national elections in 2014.
* A decision on the fate of India's largest copper smelter,
run by Sterlite Industries Ltd, could be made at an
environmental court hearing.
* India's Supreme Court will hear the market regulator's
plea for the arrest of embattled Sahara boss Subrata Roy and two
other group directors in the regulator's ongoing battle with the
mysterious conglomerate over its allegedly illegal bond scheme.
* India's Supreme Court will resume hearing on an appeal by
top telecommunications carrier Bharti Airtel challenging a
government ban on its pacts with two other carriers to offer 3G
services beyond its licensed zones.
* India's top court to hear a case on the government's
alleged interference in the investigating agency's report on the
* Earnings of Housing Development Finance Corporation Ltd
, Lupin Ltd and Ranbaxy Laboratories Ltd
INDIAN STOCKS TO WATCH
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NOTE: Reuters has not verified third-party stories and does not
vouch for their accuracy.
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Tata, Adani seek to raise power tariff in Gujarat - Economic
Parliamentary panel raises doubt on SCI's future - Economic
RBI curbs on offshore rupee-dollar trades leave MCX, Fin
Tech in a fix - Economic Times
Qatar Airways, IndiGo in code-share talks - Business
Food Ministry notifies CCEA decision on sugar decontrol -
PTI in Economic Times
India's cheap food plans to prove costly for government
India's Glenmark Pharmaceuticals Jan-March net up 11.33 pct
India's Jubilant Life Sciences Jan-March net down 51.25 pct
India's UCO Bank Jan-March net down 80.40 pct
Muthoot Fincorp enters jewellery business - Times of India
SBI California operations under scanner - Mint
NIIT changes business model to boost revenue - Mint
Wipro acquires minority stake in Opera Solutions for $30 mn
- Business Standard
(Reporting By Manoj Rawal)