March 7, 2014 / 2:37 AM / 4 years ago

Indian stocks to watch-March 7

GLOBAL MARKETS ROUNDUP
* Nifty futures traded on the Singapore Exchange are up
0.44 percent, while the MSCI-Asia Pacific excluding Japan index
 also gains 0.2 percent, signalling India's NSE
index may rise to a record high in pre-open trading.
* Asian stocks edged up and the dollar index slumped on Friday,
as investors looked toward the U.S. nonfarm payrolls report
later in the session for confirmation that the U.S. employment
picture has improved. 
* U.S. stocks mostly rose on Thursday, with the S&P 500 closing
at yet another record on better-than-expected jobless claims
data and the European Central Bank's move to keep rates
unchanged. 
    
KEY EVENTS/FACTORS TO WATCH
* Reserve Bank of India Governor Raghuram Rajan holds a press
conference in Delhi.
* India's foreign reserves and bank lending 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.
    
    INTERVIEW-India's Reliance Globalcom no longer for sale, CEO
says - 

    RBI sells special drawing rights to pay North Block -
Business Standard (link.reuters.com/zer47v)

    Bharti Group in talks with Carrefour, Aeon to form retail
joint venture - Economic Times (link.reuters.com/bur47v)

    U.S. seeks "talk and trade" to rebuild India ties -
 

    US fears for patents on next-generation drugs in India -
 

    Moody's affirms all of IDBI ratings; changes outlook to
negative for standalone financial strength - 

    Central Bank of India sells entire stake in Credit
Information Bureau of India - 

    Coal India plans to set up power plant in 2015/16 -
 

 (Compiled by Manoj Rawal)

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