Indian stocks to watch - Jan 3

Jan 3 (Reuters) - GLOBAL MARKETS ROUNDUP * Nifty futures on the Singapore Exchange (SES: S68.SI - news) fall 1.1 percent, while the MSCI (NYSE: MSCI - news) -Asia Pacific excluding Japan index is down 1.3 percent. * Asian share markets were under water on Friday after a sudden reversal in some very popular, and thus crowded, trades sparked a bout of global risk aversion. * U.S. stocks fell on their first day of trading in 2014 as investors booked profits in the wake of the S&P 500's best yearly advance since 1997, with many of last year's strongest performers down on the day.

FACTORS TO WATCH * India Prime Minister Manmohan Singh to hold press conference at 1100 India Time. * India Services PMI data at 1030 India Time. * India's forex reserves data.

INDIAN STOCKS TO WATCH For additional press items double click NOTE (Stockholm: NOTE.ST - news) : Reuters has not verified third-party stories and does not vouch for their accuracy.

GMR project in Maldives may be revived, hints Maldivian Prez - Economic Times (http://link.reuters.com/cem75v)

Voda in talks to buy Tatas out of Teleservices - Economic Times (http://link.reuters.com/bem75v)

Tata Motors Dec sales down 42 pct -

TVS Motor December sales rise 2 pct -

Hero Motocorp Dec sales down 3 pct -

State Bank of India (BSE: SBI.BO - news) board approves allotment of 20 bln rupees of tier-2 bonds

AgustaWestland welcomes India chopper arbitration, warns on jobs

To boost supply, govt relaxes norms for mega power projects - Business Line (http://link.reuters.com/zam75v)

ONGC strikes it rich in KG Basin, output in FY17 - Financial Express (http://link.reuters.com/xam75v)

(Compiled By Manoj Rawal)