Indian shares to open lower on weak global cues

Tue Aug 11, 2009 11:56pm EDT



 STOCKS TO WATCH
 * India's Tata Motors (TAMO.BO), after it said it no longer
needed UK guarantees on loans for its Jaguar Land Rover (JLR)
unit as it had secured private funding and was close to finding
a commercial backer for a European Investment Bank (EIB) loan.
 * Wipro Technologies (WIPR.BO), after Business Standard
reported that Etisalat DB Telecom India, in which Emirates
Telecommunications Corp (Etisalat) ETEL.AD holds a 45 percent
stake, is close to signing a 15-billion-rupee outsourcing deal
with the No. 3 software services exporter of India.
  FACTORS TO WATCH
 * For technical analysis, double click on
www.reutersindia.net
 * Indian rupee report                                   
[INR/]
 * Indian bond report                                     
[IN/]
 * Yen steady after bounce, investors await Fed          
[FRX/]
 * Oil steadies below $70 ahead of EIA stocks data, Fed
meet[O/R]
 * Wall Street dragged lower by financials                 
[.N]
 * Asian shares fall in pre-Fed caution             
[MKTS/GLOB]
 * For closing rates of Indian ADRs                     
INADR
 (Reporting by Pratish Narayanan and Jasudha Kirpalani; Editing
by Himani Sarkar)

















































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