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MARKET EYE-SGX Nifty falls tracking weak Asian markets

Sunday, 7 Oct 2012 | 11:12 PM ET

* Nifty futures on the Singapore Exchange

fell 0.12 percent, while the MSCI-Asia Pacific index excluding Japan

fell 0.73 percent.

* Asian stocks edged lower on Monday and other riskier assets such as commodities fell as investors remained cautious about the outlook for the global economy and corporate earnings despite better-than-expected U.S. jobs numbers at the end of last week.

* Foreign investors bought 43.52 billion rupees of stocks on Friday, when the BSE index

fell 0.6 percent, provisional exchange data showed. * On watch, Finance minister P. Chidambaram speaks at two-day editors' conference at 0530GMT. * Telecom stocks would be on the radar as an Indian ministerial panel will meet (starting at 0700 GMT) to make its final recommendations on a plan to ask older telcos to pay for their existing airwaves at a price to be derived in an upcoming 2G auction.

(abhishek.vishnoi@thomsonreuters.com)