Indian stocks to watch – July 23

July 23 (Reuters) – GLOBAL MARKETS ROUNDUP * Nifty futures on the Singapore Exchange (SES: S68.SI – news) are up 0.7 percent and the MSCI (NYSE: MSCI – news) -Asia Pacific index excluding Japan is 1.16 percent higher. * Asian stocks got off to an uninspired start on Tuesday, with Japan’s share market losing a bit of ground, while gold took a breather after its biggest one-day gain in over a year.

* The S&P 500 notched a third consecutive record closing high on Monday and major indexes rose, though disappointing McDonald’s earnings kept the Dow from making significant gains.

FACTORS TO WATCH * Earnings on Tuesday: L&T Finance Holdings Ltd

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.

After China, JLR explores manufacturing bases in Brazil, India and Saudi Arabia – Economic Times (http://link.reuters.com/vyw79t)

SEBI allows Fresenius Kabi India promoters to buy back shares – Reuters

15 pharma firms in legal mess over epilepsy drug – Financial Chronicle (http://link.reuters.com/tyw79t)

India fully sells quotas to foreign investors in bond auction – Reuters

India’s Shriram EPC in talks to sell cement business – Reuters

India’s ING Vysya Bank April-June net up 34.62 pct – Reuters

UK competition regulator examines Diageo (LSE: DGE.L – news) -United Spirits deal – Reuters

India’s Larsen and Toubro says regulator allows co to sell up to 1 pct stake in L&T Finance – Reuters

Jaguar to launch mass market range in 2015-sources – Reuters

India central bank ties gold imports to export volumes – Reuters

Tata Motors gets Rs 4 bln service tax notice – Mint (http://link.reuters.com/syw79t)

Everstone to invest Rs 2 bln in Hinduja Leyland Finance – Mint (http://link.reuters.com/ryw79t)

Health ministry ups ante against patents – Times of India (http://link.reuters.com/qyw79t)

ONGC to offload 26 pct in $ 1bn unit – Times of India (http://link.reuters.com/nyw79t)

Govt set to ease foreign retail norms – Economic Times (http://link.reuters.com/myw79t)

(Compiled by Manoj Rawal)

SGX Nifty

sgxnifty.org@imediaone.com

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