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Indian shares seen up 9th day, Reliance in focus =2

Wed Sep 5, 2007 9:35am IST
 
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 STOCKS TO WATCH
 * Jet Airways Ltd (JET.BO: Quote, Profile, Research), after its chairman said India's
top private airline was delaying a planned $400 million rights
issue because of the recent turmoil in global credit markets.
[nBOM69713].
 * Kirloskar Brothers Ltd (KRBR.BO: Quote, Profile, Research), after the pump maker's
joint venture won an order worth 1.18 billion rupees for
irrigation systems from the southern state of Andhra Pradesh.
Kirloskar's share of the contract is 942.7 million rupees.
 * Cambridge Technology Enterprises Ltd (CATE.BO: Quote, Profile, Research), after the
software firm's board approved raising 233.75 million rupees
through an issue of 4.25 million convertible warrants at a
price of 55 rupees each. [ID:nBOM137567].
 * Apeejay Tea Ltd (APTE.BO: Quote, Profile, Research), after its board approved
delisting the shares of the company from the Bombay Stock
Exchange.
 FACTORS TO WATCH
 * Indian rupee may rise on inflow hopes                 
[INR/]
 * Indian bond yields may perk up ahead of supply         
[IN/]
 * FOREX-Dollar steadies as c.bank meetings, US data eyed
[FRX/]
 * Oil holds above $75 as US crude stocks seen lower      
[O/R]
 * GLOBAL MARKETS-Stocks reach 1-mth highs, dollar steadies
[MARKETS/AS]
 * STOCKS NEWS ASIA-Asian ADRs hit 4-week highs    
[STXNEWS/AS]
 * Tech, energy sectors lift Wall Street                   
[.N]
 * ADR Report-ADRs rise on banks, Sony unit IPO boost    
[ADR/]
 * For closing rates of Indian ADRs                     
INADR

















































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