Marketwatch: Apollo Tyres, Reliance Industries, Shriram Capital, 8 shares to watch

Nov 12 2013, 10:29 IST
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Apollo Tyres, Reliance Industries, Shriram Capital shares expected to move in volatile manner today as market trends, results and foreign cues bite. Check the rest of the movers and shakers. (AP) Apollo Tyres, Reliance Industries, Shriram Capital shares expected to move in volatile manner today as market trends, results and foreign cues bite. Check the rest of the movers and shakers. (AP)
SummaryApollo Tyres' Cooper Tire deal, Reliance Industries gas blocks, Shriram Capital stake sale to drive volatility in shares.

Apollo Tyres, Reliance Industries, Shriram Capital shares expected to move in volatile manner today as market trends, results and foreign cues bite. Check the rest of the movers and shakers.

* Apollo Tyres Ltd's shrinking India sales show need to clinch Cooper Tire deal

* Ajay Piramal to buy 20 pct in Shriram City Union Finance Ltd for Rs 19 bln

* Tussle over KG-D6 output: Reliance Industries (RIL) to furnish bank guarantee

* Jindal Steel & Power Ltd to lose captive coal mines

* Reliance Power Sept-qtr net profit up 4 pct

* Reliance Infrastructure Ltd July-Sept net up 12 pct

* Corporation Bank July-Sept net down 96 pct

* Godrej Industries July-Sept net up 22 pct

EVENTS/FACTORS TO WATCH

* Results on Tuesday: Hindalco Industries Ltd, Reliance Communications Ltd and Hindustan Petroleum Corporation Ltd (HPCL)

* India to report September industrial output and October CPI data. (1200GMT)

* India to report October car sales data. (0500GMT)

* Finance Minister P. Chidambaram at an industry event. (0900GMT)

* PepsiCo says to invest $5.5 bln in India by 2020 -

* Rs 340 bln in fertiliser subsidy may be rolled over -

* RBI allows FIIs to invest in credit enhanced bonds -

* Iraq offers longer credit to Indian oil buyers -

GLOBAL MARKETS ROUNDUP

* Nifty futures on the Singapore Exchange up 0.07 percent, while the MSCI-Asia Pacific index excluding Japan lower 0.05 percent lower.

* Asian shares held steady on Tuesday, with investors turning their attention to the Chinese Communist Party policy meeting for clues to China's economic agenda for the next decade, while the dollar's two-day rally against the euro came to a halt.

* U.S. stocks edged up on Monday, lifting the Dow to a record closing high in light volume on Veterans Day while investors turned their focus to how soon the Federal Reserve may begin reducing stimulus.

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