GLOBAL STOCK MARKETS
* US: Gains in internet, small-cap and biotechnology stocks boosted US stock indices Monday, with S&P 500 and the Dow Jones Industrial Average closing at record highs.
* Key Asian markets: Asian stock indices advanced noting overnight gains in US equities, where S&P 500 and Dow Jones Industrial Average ended at record closing highs.
* US: Gains in internet, small-cap and biotechnology stocks boosted US stock indices Monday, with S&P 500 and the Dow Jones Industrial Average closing at record highs.
* Key Asian markets: Asian stock indices advanced noting overnight gains in US equities, where S&P 500 and Dow Jones Industrial Average ended at record closing highs.
STOCKS
* BALLARPUR INDUSTRIES: Posted Jan-Mar net profit of 154.2 mln rupees, up 22.8% on year. Net sales rose 10.04% on-year to 13.54 bln rupees.
* BANK OF BARODA: The company is eyeing a higher growth in 2014-15 (Apr-Mar).
* FINOLEX INDUSTRIES: Reported net profit of 561.92 mln rupees in Jan-Mar,down 29.2% on-year, and net sales growth of 33.5% to 8.33 bln rupees.
* GLOBAL OFFSHORE: Has denied reports that Indian Star Fund and DVB Bank are in talks to buy 24% stake in the company.
* HDFC BANK: The law ministry has suggested the department of economic affairs and the DIPP, a wing of industry ministry, take a view on the FDI plan in the company.
* INDOCO REMEDIES: The company sees sales of 10 bln rupees in next one and a half year.
* LANCO INFRATECH: Has said the report that the company is looking to cut stake in Australian coal mines is "market speculation".
* LUPIN: The company plans to rejig its domestic business after local growth slowed over several quarters.
* MARUTI SUZUKI: The company is looking at double-digit growth by end of 2014-15 (Apr-Mar).
* NHPC: Has signed an agreement to set up solar power projects for the Kerala State Electricity Board.
* TATA MOTORS: The company's UK-based arm Jaguar Land Rover sold 37,171 vehicles globally in April, up 30% year on year.
* TATA STEEL: The company is planning to raise $1.24 bln overseas through the sale of bonds by one of its Singapore entities.
* BALLARPUR INDUSTRIES: Posted Jan-Mar net profit of 154.2 mln rupees, up 22.8% on year. Net sales rose 10.04% on-year to 13.54 bln rupees.
* BANK OF BARODA: The company is eyeing a higher growth in 2014-15 (Apr-Mar).
* FINOLEX INDUSTRIES: Reported net profit of 561.92 mln rupees in Jan-Mar,down 29.2% on-year, and net sales growth of 33.5% to 8.33 bln rupees.
* GLOBAL OFFSHORE: Has denied reports that Indian Star Fund and DVB Bank are in talks to buy 24% stake in the company.
* HDFC BANK: The law ministry has suggested the department of economic affairs and the DIPP, a wing of industry ministry, take a view on the FDI plan in the company.
* INDOCO REMEDIES: The company sees sales of 10 bln rupees in next one and a half year.
* LANCO INFRATECH: Has said the report that the company is looking to cut stake in Australian coal mines is "market speculation".
* LUPIN: The company plans to rejig its domestic business after local growth slowed over several quarters.
* MARUTI SUZUKI: The company is looking at double-digit growth by end of 2014-15 (Apr-Mar).
* NHPC: Has signed an agreement to set up solar power projects for the Kerala State Electricity Board.
* TATA MOTORS: The company's UK-based arm Jaguar Land Rover sold 37,171 vehicles globally in April, up 30% year on year.
* TATA STEEL: The company is planning to raise $1.24 bln overseas through the sale of bonds by one of its Singapore entities.
DATA ALERT
* GERMANY WHOLESALE PRICE INDEX for Apr. 1130 IST
* GERMANY ZEW INDICATOR OF ECONOMIC SENTIMENT for May. 1430 IST
* US NFIB INDEX OF SMALL BUSINESS OPTIMISM for Apr. 1700 IST
* US ICSC-GOLDMAN SACHS CHAIN STORE SALES for wk ended May 10. 1715 IST
* US FEDERAL RESERVE BANK OF NEW YORK'S HOUSEHOLD DEBT, CREDIT REPORT for quarter ended Dec. 1730 IST
* US IMPORT, EXPORT PRICE INDEXES for Apr. 1800 IST
* US ADVANCE SALES FOR RETAIL, FOOD SERVICES for Apr. 1800 IST
* US JOHNSON REDBOOK RETAIL SALES INDEX for week ended May 10. 1825 IST
* US MANUFACTURING, TRADE, INVENTORIES AND SALES for Mar. 1930 IST
* GERMANY WHOLESALE PRICE INDEX for Apr. 1130 IST
* GERMANY ZEW INDICATOR OF ECONOMIC SENTIMENT for May. 1430 IST
* US NFIB INDEX OF SMALL BUSINESS OPTIMISM for Apr. 1700 IST
* US ICSC-GOLDMAN SACHS CHAIN STORE SALES for wk ended May 10. 1715 IST
* US FEDERAL RESERVE BANK OF NEW YORK'S HOUSEHOLD DEBT, CREDIT REPORT for quarter ended Dec. 1730 IST
* US IMPORT, EXPORT PRICE INDEXES for Apr. 1800 IST
* US ADVANCE SALES FOR RETAIL, FOOD SERVICES for Apr. 1800 IST
* US JOHNSON REDBOOK RETAIL SALES INDEX for week ended May 10. 1825 IST
* US MANUFACTURING, TRADE, INVENTORIES AND SALES for Mar. 1930 IST
RBI COUNTER
* DAILY LAF TENDERS: One set of 2-day reverse repo (at 7.00%) and 2-day repo(at 8.00%). Bids for repo tender may be submitted between 0930 IST and 1030 IST, and reverse repo between 1900 IST and 1930 IST.
* T-BILL AUCTIONS: RBI to hold auctions of 90 bln rupees of 91-day T-bills, and 60 bln rupees of 364-day T-bills.
* Consumer Affairs Joint Secretary Parida and ITC Executive Director Grant to be present at FICCI session on Misleading Advertisements'. 1000 IST, New.
* DAILY LAF TENDERS: One set of 2-day reverse repo (at 7.00%) and 2-day repo(at 8.00%). Bids for repo tender may be submitted between 0930 IST and 1030 IST, and reverse repo between 1900 IST and 1930 IST.
* T-BILL AUCTIONS: RBI to hold auctions of 90 bln rupees of 91-day T-bills, and 60 bln rupees of 364-day T-bills.
* Consumer Affairs Joint Secretary Parida and ITC Executive Director Grant to be present at FICCI session on Misleading Advertisements'. 1000 IST, New.
MARKETS
Call : Seen opening around 8.60% on demand from banks to meet daily funding Needs amid tight liquidity. 2-day call: 8.60% vs 8.90-8.95% 1-day Mon.
Call : Seen opening around 8.60% on demand from banks to meet daily funding Needs amid tight liquidity. 2-day call: 8.60% vs 8.90-8.95% 1-day Mon.
Bonds : Seen firmly up on Tuesday as exit polls show big win for BJP-led NDA government. 10-year bond yield: 8.66-8.75% vs 8.72% Mon.
Rupee : Seen up as exit polls suggest NDA majority at Centre. Local share indices to aid rise. Range: 59.25-60.15/$1 Tue vs 60.05/$1 Mon.
Stocks : To touch new highs as exit polls indicate BJP win in elections Nifty range 6950-7200; Monday-end 7014.25, up 155.45 points.
MEDIA PICKS
* Exit polls say "abki baar Modi sarkar"; most see NDA majority.
* Record voter turnout brings down curtain on Lok Sabha polling.
* AAP's Kejriwal says Modi a threat to India's secularism.
* New government must wrestle with weak output, inflation.
* Setback for TRS, YSR Cong in Andhra civic polls.
* CBI forms special probe team into Saradha scam.
* Mukul Sinha, who fought for 2002 riot victims, succumbs to cancer.
* Exit polls say "abki baar Modi sarkar"; most see NDA majority.
* Record voter turnout brings down curtain on Lok Sabha polling.
* AAP's Kejriwal says Modi a threat to India's secularism.
* New government must wrestle with weak output, inflation.
* Setback for TRS, YSR Cong in Andhra civic polls.
* CBI forms special probe team into Saradha scam.
* Mukul Sinha, who fought for 2002 riot victims, succumbs to cancer.
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