Market moved upwards on the back of overwhelming response to CIL’s IPO and firm cues from European Markets. Dow Jones ended high (+39 points) supported by strong earnings. Asian markets showed a mixed reaction on higher US earnings & lower jobless claims

1. Volume: 1 | Issue: 383| October 22, 2010
COMMENTARY INDIAN MARKET 21-Oct 20-Oct % Change
INDIA BSE Sensex 20,261 19,872 1.96
Renewed buying interest on the back of strong set of Q2 numbers and overwhelming response NSE Nifty 6,102 5,982 2.00
to the Coal India IPO saw the markets' surge in trade yesterday after five days of losses. Firm cues BSE Midcap 8,403 8,289 1.38
from the international equity markets and renewed buying in the index heavyweights lifted the BSE Smallcap 10,692 10,582 1.04
NSE Nifty to close above the 6100 levels and the BSE Sensex to end above the 20200 mark. The Nifty Junior 13,166 12,927 1.85
losses of the last two trading days were covered as FMCG, metal and energy shares flared up. The CNX Midcap 9,435 9,308 1.37
BSE Sensex surged 1.96% and the NSE Nifty rose 2%.The broader indices ended with smart gains,
the BSE Mid-Cap index ended higher by 1.3% and BSE Small-Cap index gained 1%..
GLOBAL MARKETS 21-Oct 20-Oct % Change
The market breath was Positive. 1871 stocks advanced while 1077 declined. Dow Jones Ind (USA) 11,147 11,108 0.35
Nasdaq Composite(USA) 2,460 2,457 0.12
GLOBAL MARKETS S&P 500 (USA) 1,180 1,178 0.17
FTSE 100 (UK) 5,758 5,729 0.50
U.S. stocks ended a shade higher Thursday after seesawing throughout the session, as investors DAX (Germany) 6,611 6,525 1.32
balanced strong earnings with building speculation that the Fed's next round of asset-buying Nikkei 225 (Tokyo) 9,376 9,382 (0.05)
won't be as dramatic as anticipated. The Dow Jones industrial average rose 39 points, or 0.35%, Hang Seng (Hong Kong) 23,649 23,557 0.39
the S&P 500 ticked up 2 points, or 0.2%, and the Nasdaq edged up 2 points, or 0.1%. Shanghai Comp (China) 2,984 3,004 (0.68)
KOSPI (South Korea) 1,875 1,870 0.23
Asian stocks are mixed on higher US earnings & lower jobless claims. The Nikkei is up by 0.35% &
STI (Singapore) 3,164 3,179 (0.49)
Hang Seng is flat on a negative note.
MSCI Emerging Market 419 417 0.46
MSCI Frontier Market 570 572 (0.21)
CORPORATE/ ECONOMY NEWS BOND MARKETS 21-Oct 20-Oct Change
Country’s largest software firm Tata Consultancy Services (TCS) reported 32 per cent jump in 10yr G-Sec Yield 8.07 8.12 (0.05)
consolidated net profit at Rs 2,169.21 crore for the second quarter ended September 30, 1yr G-Sec Yield 7.08 7.08 0.00
2010.As per Indian accounting norms, the company had a net profit of Rs 1,642.21 crore in the LIBOR (6m) 0.46 0.46 0.00
July—September 2009 quarter. LIBOR (1m) 0.25 0.25 0.00
Interbank Call rate 6.4 6.7 (0.23)
Alstom Projects India Ltd has posted a net profit of Rs 37.04 crore for the second quarter
ended September 30, 2010 compared with Rs 48.93 crore for the quarter ended September 30,
BSE Turnover Rs Cr('000) Sensex
2009.The total income has decreased from Rs 497.81 crore for the quarter ended September 30, 20300 5.4
2009 to Rs 322.11 crore for the quarter ended September 30, 2010.
20200
5.2
Coal India’s blockbuster offering has received an overwhelming response from investors and 20100
was oversubscribed 13.46 times, hours before closing on Thursday. The IPO by the state-run 20000 5.0
navratna got total bids for 850.30 crore shares worth Rs 2,08,323.5 lakh crore against 63.1 crore 19900 4.8
equities on offer. 19800
4.6
19700
Allahabad Bank has announced its second quarter results of FY11. It has reported net profit of
19600 4.4
Rs 402.5 crore as against Rs 333.6 crore, a growth of 20.65% (YoY).Net interest income (NII) rose
15-Oct 18-Oct 19-Oct 20-Oct 21-Oct
60.65% to Rs 969.2 crore versus Rs 603.3 crore.
TVS Motors has announced its second quarter results. The company’s Q2 net profit was up at
Rs 54.8 crore versus Rs 24.5 crore.Its net sales were up at Rs 1,590 crore versus Rs 1,115 crore.
NSE Turnover Rs Cr('000) Nifty
6150 17
Sterlite Industries has declared its second quarter results. The company’s Q2 net profit was up 16
at Rs 57.5 crore versus Rs 54.7 crore, year-on-year, YoY. Its net sales were up at Rs 509.4 crore 6100 16
versus Rs 465.8 crore, YoY. 6050 15
15
South Indian Bank has declared its second quarter results. The company’s Q2 net profit was up 6000 14
at Rs 77 crore versus Rs 72.6 crore.Its NII was up at Rs 198 crore versus Rs 165 crore 5950 14
13
ACC has announced its third quarter results. The company’s Q3 consolidated net profit was 5900 13
down 79% at Rs 86.3 crore versus Rs 415 crore.Its consolidated net sales were down 15.31% at 15-Oct 18-Oct 19-Oct 20-Oct 21-Oct
Rs 1,759 crore versus Rs 2,077 crore.
`
Disclaimer: This document is compiled by Epitome Global Services Private Limited exclusively for Fullerton Securities & Wealth Advisors Ltd (FSWA) customers. This document is not for public
distribution and has been furnished to you solely for your information and you are notified that you should not further copy, modify, use or distribute the information in any way unless you
obtain written consent from FSWA. While reasonable care to compile the document but the accuracy and completeness cannot be guaranteed either by FSWA or any other person or
entity associated with it. The document is prepared only for your information and is not sufficient for making an investment decision. You should rely on your own investigations and seek
professional advice for investment decision. Neither FSWA nor any person connected with it, accepts any liability either arising from the use of this document or due to any inadvertent error in
the information contained in this document. Financial investments carry risks including principal risk and therefore you should seek professional advice prior to making any investment
decision. The risk of any losses occurring by use of this report or document will be entirely yours. The investments covered in this report are not guaranteed. Also past performance of an
investment or fund is not an indication of future performance. FSWA, its affiliates, or associates, or any regulatory or other body or entity assumes no liability or responsibility for investment
results or losses arising out of investment decisions made by you. This document is not to be considered as an offer to sell or a solicitation to buy any security or financial product. FSWA
reserves the right to modify or alter the terms and conditions of the use of this service or discontinue, temporarily or permanently, the information and services provided (or any part thereof) at
any time, with or without prior notice and FSWA shall not be liable to you for any suspension, modification, or termination of the information and services provided herein.

2. Volume: 1 | Issue: 383| October 22, 2010
CORPORATE NEWS SECTOR 21-Oct 20-Oct % Change
Info Edge (India), which owns popular site like naukri.Com today said its net profit rose by 21.38 FMCG 3,680 3,566 3.19
per cent to Rs 17.88 crore for the second quarter ended September 30, 2010, over the same Bankex 14,152 13,862 2.09
period last year. The company had a net profit of Rs 14.73 crore in the same July-September Oil&Gas 10,973 10,755 2.03
quarter last year. Metal 17,231 16,892 2.01
Realty 3,859 3,788 1.87
Ashok Leyland, the commercial vehicle major, reported 89 per cent growth in net profit to Rs Healthcare 6,480 6,369 1.76
167 crore during the second quarter of this financial year, as compared to Rs 88.6 crore, during Capital Goods 16,118 15,868 1.57
the same period last year. Revenue rose by 72 per cent to Rs 2,714 crore from Rs 1,577.3 crore for PSU 10,422 10,266 1.51
the same quarter last year. This increase in both profits and revenue rode on a record sale of Teck 3,739 3,684 1.51
45,989 vehicles for the first half of 2010-11. Consumer Durables 6,298 6,205 1.50
Power 3,235 3,195 1.26
IT services firm eClerx Services Ltd witnessed over 70 per cent surge in its September-quarter Auto 9,807 9,711 0.99
net profit helped partly by favourable exchange rate. The company posted a profit of Rs 27.61 IT 6,061 6,007 0.89
crore on a consolidated basis, compared with Rs 16.14 crore a year ago.
Alstom Projects India Ltd has posted a net profit of Rs 37.04 crore for the second quarter ended
September 30, 2010 compared with Rs 48.93 crore for the quarter ended September 30, 2009.The
total income has decreased from Rs 497.81 crore for the quarter ended September 30, 2009 to Rs
322.11 crore for the quarter ended September 30, 2010.
BSE Upper Circuit Breakers
Company Name 21-Oct 20-Oct % Change
Automaker Hindustan Motors Ltd said that it plans to spend up to Rs 160 crore to buy more
Cravatex 326.4 272.0 20.00
shares of HM Export Ltd, a subsidiary company. Hindustan Motors plans to fund the acquisition
by selling shares of another subsidiary Avtec Ltd. Rane (Madras) 184.0 153.3 20.00
Rosell Tea 614.7 558.9 10.00
L&T Infotech, a global IT services and solutions provider, inaugurated its new office in Dubai 0 Kanani Industries 406.3 369.4 10.00
(UAE) yesterday. L&T Infotech is a wholly owned subsidiary of Larsen & Toubro, US$ 9.8 bn Orissa Minerals 61141.3 58229.9 5.00
engineering, manufacturing & financial services organization with global operations. The office
will serve as the regional hub and will provide an entire range of end-to-end information
technology services and solutions
Om Metals Infraprojects Ltd., India’s leading hydro-mechanical engineering company, has
announced that it has been lowest in a Rs. 1.44bn project from the M P Water Resource BSE Lower Circuit Breakers
Department. The order entitles them to engage in the over flow and non over flow construction Company Name 21-Oct 20-Oct % Change
of concrete dam including HM Components. Bedmutha Industries 252.1 280.0 (10.00)
Indo Asian Fusegear 105.7 111.2 (5.00)
Tecpro Systems Limited (Tecpro), an established player in the material handling sector, Oregon Commercials 126.8 133.5 (5.00)
providing turnkey solutions in material handling, coal and ash handling, Balance of Plant (BOP) Intellivate Capital Ventures 427.6 450.0 (5.00)
and which undertakes Engineering, Procurement & Construction (EPC) contracts in the power Marathawada Refractories 257.3 270.8 (5.00)
sector, has announced that it has been awarded an engineering project order worth Rs. 710
million by Engineering Projects (India) Limited.
Indiabulls Real Estate has reported a sales turnover of Rs 62.48 crore and a net profit of Rs 31.45
crore for the quarter ended Sep 2010.For the quarter ended Sep 2009 the sales turnover was Rs
2.27 crore and net profit was Rs 5.96 crore.
Infosys Technologies, India's second-largest IT company, is mulling to increase its employee
strength in China from the present 2,850 to 4000 this fiscal.
Gayatri Projects secured an order worth Rs. 43.45 crore from FLSmidth for construction of iron
ore crushing plant at Bellary district in the state of Karnataka.
COMMODITY / CURRENCY NEWS COMMODITY 21-Oct 20-Oct % Change
Crude Oil (USD/bbl) 81.0 80.6 0.56
Gold (Rs/10gm) 19,317.0 19,540.0 (1.14)
Light Sweet Crude Oil on Thursday was down by 1.5% at $81.0 per barrel. Gold closed down by
Silver (Rs/kg) 34,918.0 35,708.0 (2.21)
1.14% at Rs 19,317 and Silver closed down by 2.2% at Rs. 34,918.
The Indian Rupee closed higher against the dollar at 44.29 as the Indian equity benchmarks ended CURRENCY 21-Oct 20-Oct % Change
on a positive note. INR / USD 44.29 44.35 (0.14)
USD / Euro 1.39 1.38 0.97
Yen / USD 81.28 81.33 (0.06)
Disclaimer: This document is compiled by Epitome Global Services Private Limited exclusively for Fullerton Securities & Wealth Advisors Ltd (FSWA) customers. This document is not for public distribution and has been
furnished to you solely for your information and you are notified that you should not further copy, modify, use or distribute the information in any way unless you obtain written consent from FSWA. While reasonable care
to compile the document but the accuracy and completeness cannot be guaranteed either by FSWA or any other person or entity associated with it. The document is prepared only for your information and is not sufficient
for making an investment decision. You should rely on your own investigations and seek professional advice for investment decision. Neither FSWA nor any person connected with it, accepts any liability either arising from
the use of this document or due to any inadvertent error in the information contained in this document. Financial investments carry risks including principal risk and therefore you should seek professional advice prior to
making any investment decision. The risk of any losses occurring by use of this report or document will be entirely yours. The investments covered in this report are not guaranteed. Also past performance of an investment
or fund is not an indication of future performance. FSWA, its affiliates, or associates, or any regulatory or other body or entity assumes no liability or responsibility for investment results or losses arising out of investment
decisions made by you. This document is not to be considered as an offer to sell or a solicitation to buy any security or financial product. FSWA reserves the right to modify or alter the terms and conditions of the use of this
service or discontinue, temporarily or permanently, the information and services provided (or any part thereof) at any time, with or without prior notice and FSWA shall not be liable to you for any suspension, modification,
or termination of the information and services provided herein.

3. Volume: 1 | Issue: 383| October 22, 2010
ECONOMY / POLICY NEWS FUTURES PREMIUM/DISC Cash Futures P/D%
The Construction Industry Development Council has signed a memorandum of Dr Reddy 1616.0 1,634.1 1.12
understanding (MoU) with Engineering Projects (India) Ltd (EPIL), to give job- Sterling Biotech 113.7 114.85 1.01
oriented training programme to project affected persons (PAPs). Indian Bulls 301.7 304.75 1.01
SCI 180.3 182.05 1.00
Food inflation declined to 15.53 per cent for the week ended October 9, on Mll 66.3 66.95 0.98
improved supplies and declining prices of certain vegetables. Triveni Engineerings 118.3 119.45 0.97
Pantaloon Retail 473.3 477.9 0.97
Gujarat, which pioneered the concept of Special Investment Region (SIR), will Apollo Tyre 77.7 78.5 0.97
establish 12 new industrial hubs in the next 5-6 years and expects the private sector Syndicate Bank 136.4 137.7 0.95
to play a leading role in facilitating the process.
National Alluminium 400.0 403.8 0.95
Ambuja Cement 142.3 140.5 (1.30)
Core Project 290.7 290.2 (0.17)
INSTITUTIONAL ACTIVITY (Rs Cr) 14-Oct 13-Oct YTD
FII Cash Net 2,894 3,100 1,03,128
FII Stock Futures (606) (1,004) (11,423)
FII Index Futures (65) (203) (9,950)
Mutual Fund (400) (352) (25,356)
VALUATIONS P/E P/B DIV YLD
BSE 23.9 3.8 1.0
NSE 25.2 3.8 1.0
BSE500 Mcap/GDP Ratio 0.66
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
Hindalco Inds 213 5.05 Gujarat State Fert 370 8.09 Om Metals 67 15.14
Bharti Airtel 337 5.03 United Phos 205 7.06 Tilaknagar Industries 100 12.80
Hindustan Unilever 305 3.95 Central Bank 224 6.74 Maharashtra Poly 146 11.03
ITC 174 3.65 Indiabulls Fin 190 6.70 Ajmera Rlty 269 10.55
Cipla 345 3.59 Zuari Industries 852 6.41 Kanani Industries 406 9.99
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
NTPC 206 0.1 INDIAB POWER 29 -5.67 Aegis Logistics 331 -11.50
- - - Sterlite Tech 93 -5.45 Gallantt Metal 26 -5.73
- - - Clariant Chem 796 -3.4 Hindustan Compo 521 -5.10
- - - Money Matters 675 -3.09 Well Pack Papers 68 -4.99
- - - JM Financial 43 -2.95 Subhkam Cap 465 -4.91
BULK DEALS
SCRIPT NAME CLIENT NAME TYPE QTY % PRICE
NSE
Glory Polyfilms Raj Finvest BUY 1.45% 14.7
Bilpower Limited Dharmendra Arora BUY 0.67% 196.2
Broadcast Initiatives Naman Securities & Finance BUY 0.76% 25.4
Hanung Toys and Textiles Sagar Constructions BUY 1.34% 367.0
Tulsi Extrusions Vora Bhavik Prafulchandra SELL 1.23% 89.9
BSE
Birla Shloka Indravarun Trade Impex BUY 1.88% 38.72
Bilpower SPJ Stock Brokers BUY 0.76% 197.7
Shiva Cement Ganesh Sarjulal Gupta BUY 1.24% 11.0
Ballarpur Inds Neha Khandelwal SELL 0.91% 2.35
Quintegra Sol Shailendra Kumar Komatreddy SELL 1.72% 16.12
Disclaimer: This document is compiled by Epitome Global Services Private Limited exclusively for Fullerton Securities & Wealth Advisors Ltd (FSWA) customers. This document is not for
public distribution and has been furnished to you solely for your information and you are notified that you should not further copy, modify, use or distribute the information in any way
unless you obtain written consent from FSWA. While reasonable care to compile the document but the accuracy and completeness cannot be guaranteed either by FSWA or any other
person or entity associated with it. The document is prepared only for your information and is not sufficient for making an investment decision. You should rely on your own
investigations and seek professional advice for investment decision. Neither FSWA nor any person connected with it, accepts any liability either arising from the use of this document or
due to any inadvertent error in the information contained in this document. Financial investments carry risks including principal risk and therefore you should seek professional advice
prior to making any investment decision. The risk of any losses occurring by use of this report or document will be entirely yours. The investments covered in this report are not
guaranteed. Also past performance of an investment or fund is not an indication of future performance. FSWA, its affiliates, or associates, or any regulatory or other body or entity assumes
no liability or responsibility for investment results or losses arising out of investment decisions made by you. This document is not to be considered as an offer to sell or a solicitation to buy
any security or financial product. FSWA reserves the right to modify or alter the terms and conditions of the use of this service or discontinue, temporarily or permanently, the information
and services provided (or any part thereof) at any time, with or without prior notice and FSWA shall not be liable to you for any suspension, modification, or termination of the information