Indian stocks to watch - Jan 22

GLOBAL MARKETS ROUNDUP

* Nifty futures on the Singapore Exchange (SES: S68.SI - news) was down 0.23

percent, while the MSCI (NYSE: MSCI - news) -Asia Pacific excluding Japan index

gains 0.04 percent.

* Asian share markets struggled for inspiration on Wednesday,

hampered by expectations of further reductions in the U.S.

Federal Reserve's stimulus and ahead of central bank meetings in

Japan and Thailand.

* U.S. stocks mostly rose on Tuesday, with the S&P 500 snapping

a two-session decline as the materials sector rallied, though

the Dow fell on disappointing earnings by three of its

components.

EVENTS/FACTORS TO WATCH

Earnings on Wednesday: Larsen & Toubro and Housing

Development and Finance Corp.

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.

India central bank moves towards monetary policy overhaul

IMF sees higher global growth, warns of deflation risks

Indian banks seek refuge in home loans, crowd onto HDFC's

mortgage turf

Cairn India under income tax lens over share sale - Economic

Times (http://link.reuters.com/nyz26v)

Unilever (NYSE: UL - news) sticks with emerging markets as sales rebound

India picks banks to sell $925 mln Axis Bank (BSE: AXISBANKSL.BO - news) stake

India's Ashok Leyland says Dec-quarter net loss 1.67 bln

rupees

India's Colgate Palmolive Oct-Dec net up 1.6 pct

P&G to invest 15 billion rupees in India to catch up with

HUL - Economic Times (http://link.reuters.com/myz26v)

Bharti Airtel puts Bangladesh towers up for sale too

-Economic Times (http://link.reuters.com/qyz26v)

SpiceJet starts first fare war of '14, other airlines take

the cue - Economic Times (http://link.reuters.com/ryz26v)

Indian drug makers gasp with relief as US regulator relaxes

inhaler norms - Business Standard (http://link.reuters.com/syz26v)

Tax regime: Foreign portfolio investors to be treated like

FIIs - Business Line (http://link.reuters.com/vyz26v)

Suzlon looks to list its crown jewel, REpower (Swiss: REPI.SW - news) - Business

Standard -(http://link.reuters.com/tyz26v)

(Compiled by Dipika Lalwani)