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Friday, August 10, 2007

Jai Corp......... Our Favourite from Rs.1100/-

Jai Corp was locked at the 5% upper circuit of Rs 5580.45 after its board approved a 1:1 bonus issue. The scrip surged 71.02% from a recent low of Rs 3107.60 on 25 July 2007 to Rs 5314.75 on 9 August 2007 backed by the company’s decision to split and/or bonus issue.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Saturday, Jun 07
01:00 CFTC S&P 500 NC Net Positions 1 $-69.4K $-53.0K
01:00 CFTC Gold NC Net Positions 1 $187.9K $174.2K
01:00 CFTC Oil NC Net Positions 1 168.0K 165.7K
01:00 CFTC GBP NC Net Positions 1 £35.2K £35.4K
01:00 CFTC AUD NC Net Positions 1 $-63.2K $-61.2K
15:10 BoE's Greene speech 2
Monday, Jun 09
24h Whit Monday 0
04:15 Manufacturing Sales 1 1.1%
19:30 Wholesale Inventories 1 0% 0%
21:00 3-Month Bill Auction 1 4.25%
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