MARKET EYE-Indian shares gain; Maruti, Tata Communications surge

* Indian shares rise after a lower-than-expected June quarter

current account gap boosts sentiment, though a U.S. government

shutdown continues to weigh.

* The benchmark BSE index and the broader NSE index

gain 0.3 percent each.

* Maruti Suzuki India Ltd shares gain 3.1 percent on

higher-than-expected sales in September.

* Tata Communications Ltd gains 4.3 percent after

South Africa's Vodacom Group said on Monday it was in

exclusive talks to buy Tata's unlisted local unit, Neotel, in a

potential $590 million deal.

* Apollo Tyres Ltd (BSE: APOLLOTYRE.BO - news) shares fall as much as 8.9 percent

on worries about possible high debt after Cooper Tire and Rubber

Co shareholders approved the U.S. company's $2.5 billion

sale to the Indian firm.

* Hindustan Unilever Ltd (BSE: HUL.BO - news) shares fall 1.2 percent after

its parent company Unilever (NYSE: UL - news) warned that a

slowdown in its emerging markets accelerated in the third

quarter.

(abhishek.vishnoi@thomsonreuters.com /;

abhishek.vishnoi.thomsonreuters.com@reuters.net)