Eight shares to watch today: TCS, Bajaj Auto on top

Reuters Posted online: Thursday, Oct 17, 2013 at 0000 hrs
Indian shares to watch: Tata Consultancy Services (TCS) may boost workforce after profit leap

Bajaj Auto profit tops estimate; weak rupee boosts export earnings

Reliance Infrastructure Ltd plans to sell road projects to pare debt

Oil & Natural Gas Corp (ONGC) finds rich reserves of oil in KG Basin block; reserves seen at 100 million tonnes

Hero MotoCorp on road to sell a record 580,000 vehicles in October - Read story: Hero MotoCorp, firm on road to sell a record 5.8 lakh vehicles

Zydus Cadila, Pieris enter into deal to develop, commercialize Anticalin-based protein therapeutics - Zydus Wellness Ltd and Cadila Healthcare Ltd

Mindtree Ltd July-Sept net up 78 pct

Castrol India Ltd July-Sept net up 22 pct

KEY FACTORS/EVENTS TO WATCH

* Earnings on Thursday: Axis Bank, HCL Technologies - Read story: HCL Technologies' quarterly profit rises 64 pct

New PM candidate Gujarat chief minister Narendra Modi boosts India's opposition BJP party - poll

* Vedanta seeks fresh blessing for $3.5 bln India buyout offers

* World Bank slashes India growth forecast to 4.7 percent in 2013/14

* India may squeeze state firms for cash as asset sales falter

* India sees telecoms consolidation as Vodafone lines up $2 bln investment

GLOBAL MARKETS ROUNDUP

* Nifty futures on the Singapore Exchange up 0.1 percent and the MSCI-Asia Pacific indexexcluding Japan gains 0.5 percent.

* Share markets from Australia to Japan staged a relief rally on Thursday as President Barack Obama declared a deal had been done to lift the government's borrowing limit and avoid a historic default.

* U.S. stocks closed more than 1 percent higher on Wednesday after Senate leaders said they had a deal to reopen the federal government and raise the debt ceiling, which would avoid the threat of a debt default.