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> J.C. Penney reports flat same-store sales as autumn sales slow > BPCL slips 3.5%, CLSA downgrades post Q2 earnings > Australia shares close lower on weak commodities > China stocks fall at midday as small caps drag > Markets off day lows; Nifty around 8,370 > Govt to soon announce WTO breakthrough, say sources > Pimco flagship fund slightly reduces U.S. government holdings in October > Oil India extends fall on disappointing September quarter results > Positive on Tata Motors from auto sector > India flow tide has turned decisively > Sensex, Nifty surge on positive economic data > Expect battery makers to perform well going forward