Indian stocks to watch-May 8

(This item will be discontinued from May 12. Press items will

be available at and diary events at. For any

questions please contact Rafael Nam at

rafael.nam@thomsonreuters.com or +91 22 6180 7425)

GLOBAL MARKETS ROUNDUP

NSE index futures traded on the Singapore Exchange (SES: S68.SI - news) rise

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

gains 0.46 percent.

* Asian shares drew a measure of comfort from dovish comments by

the U.S. Federal Reserve chief and signs of easing tensions in

Ukraine after Russian President Vladimir Putin called on

pro-Moscow separatists to postpone a succession vote.

* U.S. stocks mostly rose on Wednesday after comments from

Federal Reserve Chair Janet Yellen signalled continued support

for the economy, but the Nasdaq fell for a second session as

momentum names sold off.

KEY EVENTS/FACTORS TO WATCH

* Newly-appointed Reserve Bank of India Deputy Governor R Gandhi

to speak at a banking seminar on risk management

* Weekly cabinet press briefing

* Ranbaxy Laboratories Jan-March earnings.

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's Procter & Gamble Hygiene and Health Care

March-quarter net profit up 55 pct - Reuters

India aviation regulator grants permit to AirAsia India - govt

official - Reuters

Chairman of India's Financial Technologies arrested in

fraud probe - Reuters

Vodafone begins arbitration against India in tax dispute -

Reuters

Nissan likely to pick up 20-40 percent stake in Defiance

Technologies - Economic Times (http://link.reuters.com/ruk29v)

Discoms may be paid for costlier gas - Business Standard

(http://link.reuters.com/tuk29v)

Despite repeated rebuffs, Teva woos Cipla with $6 billion offer

- Livemint.com (http://link.reuters.com/vuk29v)

Oil India buys 50 pct stake in Russian oil block for $85 million

- Livemint.com (http://link.reuters.com/wuk29v)

(Compiled by Manoj Rawal)