Indian stocks to watch: Ranbaxy Laboratories, Power Grid Corporation

Written by Reuters | Updated: Feb 5 2014, 14:46pm hrs
NSE Nifty futures on the Singapore Exchange are down 0.37 percent, while the MSCI-Asia Pacific excluding Japan index is down 0.23 percent.

Asian shares got a welcome reprieve from selling on Wednesday as Wall Street steadied and investors in emerging markets found some backbone, which took some of the starch out of safe-haven bonds and the yen.

U.S. stocks rebounded on Tuesday, buoyed by encouraging earnings, as the market attempted to steady in the wake of its largest selloff in months a day earlier.


Earnings on Wednesday: * Ranbaxy Laboratories ltd, * Power Grid Corporation of IndiaIndia Services PMI (1030-1130 IST).

The last session of the current parliament begins. There are 39 bills waiting to be passed during the 12-day session.

Engineers India Ltd holds a press meet regarding its forthcoming follow-on public offering to raise as much as $80 million.

Also check: Markets Top Gainers, Markets Top Losers

* Stocks: Top Value

* Top Quantity