- The Indian stock market indices ended higher, with the BSE Sensex gaining 143 points and the NSE Nifty gaining 51 points, tracking strong Asian markets. Broader market indices outperformed frontline stocks. - Most sectoral indices also closed higher, led by realty, metals and IT stocks. However, auto, capital goods and power stocks were subdued. - Globally, US and Asian markets closed higher boosted by strong economic data and receding concerns about Europe's debt crisis.

1. Volume: 1 | Issue: 410| December 3, 2010
COMMENTARY INDIAN MARKET 2-Dec 1-Dec % Change
INDIA BSE Sensex 19,993 19,850 0.72
The bulls continued their effort to gradually make their way back into the market. Once NSE Nifty 6,012 5,961 0.85
again, buying was seen across the board with the broader market indices outperforming the BSE Midcap 8,069 7,984 1.07
frontline counters. Real Estate, Metals, IT, Banking and Oil & Gas stocks drove the advance today BSE Smallcap 10,163 10,051 1.12
while Auto, Capital Goods and Power shares were rather subdued. The Bombay Stock Exchange Nifty Junior 12,684 12,637 0.37
benchmark Sensex ended the session on Thursday with a gain of 143 points at 19,993 and the NSE CNX Midcap 9,177 9,129 0.52
Nifty shut shop 51 points higher at 6,012 tracking strong Asian markets and on robust export figures
and better—than—expected expansion of the economy. The BSE Small-Cap index and the BSE Mid-
Cap index rose about 1% each.
GLOBAL MARKETS 2-Dec 1-Dec % Change
The market breadth was pretty positive on the BSE with 1,880 shares climbing and 1,034 shares Dow Jones Ind (USA) 11,362 11,256 0.95
falling. Nasdaq Composite(USA) 2,579 2,549 1.19
S&P 500 (USA) 1,221 1,206 1.28
GLOBAL MARKETS FTSE 100 (UK) 5,767 5,643 2.21
Wall Street rallied for a second day on Thursday as concerns about Europe's sovereign debt crisis DAX (Germany) 6,958 6,867 1.33
waned, forcing investors to reverse bearish bets on the market. Meanwhile, much stronger-than- Nikkei 225 (Tokyo) 10,169 9,988 1.81
expected November same-store sales from U.S. retailers, a sharp jump in pending home sales, and
Hang Seng (Hong Kong) 23,448 23,250 0.85
better labor market data were the latest signs that the U.S. economic recovery is on track and a
double-dip recession less likely. The Dow Jones industrial average 0.95 percent, to 11,362. The Shanghai Comp (China) 2,844 2,824 0.71
Standard & Poor's 500 Index 1.28 percent, to 1,221. The Nasdaq Composite Index 1.19 percent, to KOSPI (South Korea) 1,950 1,929 1.07
2,579. STI (Singapore) 3,198 3,182 0.50
MSCI Emerging Market 422 416 1.44
The Asian markets have opened on a positive note on the back of US markets Nikkei 225 is up MSCI Frontier Market 575 574 0.24
almost by a 0.50% at 10,218 ,Straits Times is also up by 0.40 % .
CORPORATE/ ECONOMY NEWS BOND MARKETS 2-Dec 1-Dec Change
The follow-on public offer (FPO) of Shipping Corporation of India has been subscribed by 1.88 10yr G-Sec Yield 7.98 8.02 (0.04)
times. 1yr G-Sec Yield 7.27 7.27 0.00
LIBOR (6m) 0.45 0.45 0.00
Drug-maker Claris Life sciences' initial public offer (IPO) was subscribed 1.50 times on the final LIBOR (1m) 0.26 0.26 0.00
day of issue t, thereby generating Rs 379 crore from the investors. Interbank Call rate 6.4 6.3 0.01
Mahanagar Telephone Nigam Ltd has announced that Income Tax Department has issued a
refund orders to MTNL in the matter of deduction under Section 80IA of the Income Tax Act, 1961 BSE Turnover Rs Cr('000) Sensex
for the Assessment Years 2001-02 & 2002-03.The total amount received from Income Tax 20200 7.0
Department amounts to Rs. 2.99bn out of which Rs922.2mn has been refunded towards interest on 20000 6.0
refunds for the above Assessment Years. 19800 5.0
19600
Anil Ambani-led Reliance Power said that it will invest Rs 6,000 crore to double the generation 4.0
19400
capacity of its Rosa thermal plant in Uttar Pradesh to 2,400 MW. 3.0
19200
19000 2.0
India's largest cigarette firm ITC, maker of India Kings, Gold Flake and Navy Cut, has stopped 1.0
18800
production at all its manufacturing units in view of uncertainty over pictorial warnings to be carried
on tobacco products starting this month. 18600 0.0
26-Nov 29-Nov 30-Nov 1-Dec 2-Dec
Private carriers Jet Airways and Kingfisher owed over Rs 1,050 crore to the public sector oil
marketing companies (OMCs) like Indian Oil, HPCL and BPCL towards the payment of jet-fuel bills as
on November 15.
NSE Turnover Rs Cr('000) Nifty
State Bank of India (SBI) has offered an in-principle sanction to loan Rs 2,000 crore to Shipping 6050 25
Corporation of India (SCI) to acquire nine vessels, for which the shipping major had hit the capital 6000
market with an FPO for the equity portion. 5950 20
5900
5850 15
J B Chemicals & Pharmaceuticals said it has received US health regulator's nod to market a generic 5800
version of diclofenac sodium tablets, an anti-inflammatory drug, in the American market. 10
5750
5700 5
Even as the race to acquire Paras Pharma hots up with a host of pharmaceutical and FMCG 5650
companies in the fray, there is a strong buzz that homegrown company Emami is within striking 5600 0
distance of clinching the deal. 26-Nov 29-Nov 30-Nov 1-Dec 2-Dec
`
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

2. Volume: 1 | Issue: 410| December 3, 2010
CORPORATE NEWS SECTOR 2-Dec 1-Dec % Change
Healthcare major Apollo Hospitals has reported that it is in talks with Malaysian sovereign fund Realty 3,084 3,016 2.23
Khazanah for healthcare education in the country. Metal 16,395 16,156 1.48
IT 6,190 6,101 1.47
Godrej Properties Ltd (GPL), the real estate arm of Godrej Group, has said that it would develop a Oil&Gas 10,360 10,211 1.47
residential housing project at Mohali in Punjab, which could involve a capital outlay of Rs 450 crore. Consumer Goods 6,627 6,538 1.35
Bankex 14,194 14,022 1.23
The country’s largest power producer NTPC, which is scouting for coal properties abroad to fuel its Teck 3,761 3,724 0.99
power plants back home, may zero in on Indonesia for its proximity, compared to Australia and
Psu 9,644 9,587 0.59
Africa.
Healthcare 6,718 6,684 0.51
An Environment Ministry’s panel has made it clear to Tata Steel Ltd that its proposal to set up a FMCG 3,591 3,589 0.06
power plant in coal-bearing region of Jharkhand will not be approved unless it is cleared by the Power 2,938 2,938 0.01
coal ministry. Capital Goods 15,449 15,489 (0.26)
Auto 10,261 10,292 (0.30)
Hyderabad-based construction company Ramky Infrastructure has earmarked a capex of Rs 1,000
crore across business segments over the next three years.
Opto Circuits (India) Ltd has informed that the company has successfully acquired 76 per cent of
outstanding common stock of Cardmc Science Corporation US (Nasdaq:CSCX).
Larsen & Toubro Ltd has informed that the company has bagged two orders worth Rs 415 crore BSE Upper Circuit Breakers
from Hindalco and Sepco-I for thermal power plant construction. Of this, the Rs 263-crore order Company Name 2-Dec 1-Dec % Change
from Hindalco is for carrying out structural steel works for the 6X150-MW captive power plant in Himalaya International 31.2 26.0 20.00
Orissa. The Sepco-I order worth Rs 162 crore is for erection of boilers for its 2X660-MW Talwandi Carvatex 596.2 542.0 10.00
Sabo Power plant, developed by Sterlite Energy Ltd in Punjab. The company had already awarded DFM Foods 87.2 83.0 5.00
Rs 225-crore order to L&T during the first quarter of this year for ca rrying out civil works for this 0 DB Realty 229.2 218.3 5.00
project. Industrial & Prudential 1556.0 1482.0 5.00
Tata Consultancy Services has opened a new business process outsourcing centre in the
Philippines.
The government has approved a 10 per cent hike in price of natural gas that state-owned firms like
Oil and Natural Gas Corp (ONGC) sell to consumers in non-priority sectors such as steel and
petrochemicals. BSE Lower Circuit Breakers
Company Name 2-Dec 1-Dec % Change
Fortis Healthcare has taken over the operations and management of the 100-bed O.P. Jindal Money Matters 279.8 294.5 (5.00)
Hospital in Raigarh, Chhattisgarh, in an effort to provide superior healthcare services in the region. Mansi Finance 35.1 37.0 (5.00)
Binny 177.7 187.0 (5.00)
IT services provider HCL Technologies announced it had bagged a contract from OP Pohjola, the
largest Financial services group in Finland. The services contract with Pohjola is for implementation BGIL Films 9.7 10.2 (5.00)
and support and maintenance of a claims management solution. Sampada Chemicals 375.0 394.7 (5.00)
Apollo Hospitals Enterprise is looking to offload a 49 per cent stake in its pharmacy chain unit
and is also exploring the possibility of listing the unit in six months.
Australia's leading mining contractor Leighton Holdings tsaid it has won a 22-year contract from
India's NTPC for $5.5 billion.
Merck & Co plans to buy privately held SmartCells Inc, whose main technology was developed at
the Massachusetts Institute of Technology and which is in preclinical development for a new form
of insulin.
COMMODITY / CURRENCY NEWS COMMODITY 2-Dec 1-Dec % Change
Crude Oil (USD/bbl) 87.1 86.6 0.57
Gold (Rs/10gm) 20,520.0 20,415.0 0.51
Crude oil closed up by 0.57% at $87.1 per barrel. Gold closed up by 0.51% at Rs 20,5 20 and Silver
Silver (Rs/kg) 43,775.0 42,846.0 2.17
closed up by 2.17 % at Rs. 43,775
The Indian Rupee closed higher against the dollar at 45.27 as the Indian equity benchmarks ended on CURRENCY 2-Dec 1-Dec % Change
a positive note. INR / USD 45.27 45.37 (0.22)
USD / Euro 1.30 1.31 (0.76)
Yen / USD 83.55 83.74 (0.23)
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: 410| December 3, 2010
ECONOMY / POLICY NEWS FUTURES PREMIUM/DISC Cash Futures P/D%
Food inflation fell to a four-month low of 8.6 per cent for the week ended Moserbaer 57.4 58.2 1.31
November 20, as the prices of vegetables, wheat and pulses declined on increased Glaxo 2163.8 2188.95 1.16
output and arrival of kharif crop in the market. Indian Bulls 290.9 294.05 1.10
Pantaloon Retail 422.8 427.15 1.03
The country’s crude oil import fell by over 23 per cent in October even though 3Iinfotech 58.1 58.65 0.95
domestic fuel sales snapped a two-month declining trend to rise by one per cent. Jisljaleqs 241.2 243.45 0.93
The nation’s 19 public and private sector refineries imported 10.1 million tonnes SCI 146.9 145.0 (1.29)
of crude oil in October as compared with 13.23 mt crude imported in the same ONGC 1314.0 1303.6 (0.79)
month a year ago. PNB 1271.0 1265.1 (0.46)
Gail 491.7 490.2 (0.31)
India Inc raised nearly $800 million overseas during October this year via External
Commercial Borrowings (ECBs) and Foreign Currency Convertible Bonds Colpal 884.7 882.5 (0.25)
(FCCBs), according to the Reserve Bank of India (RBI) data. Nationalum 373.3 372.6 (0.19)
INSTITUTIONAL ACTIVITY (Rs Cr) 16-Nov 15-Nov YTD
FII Cash Net (17) (17) 126,561
FII Stock Futures 386 150 (17,597)
FII Index Futures 301 (682) (10,584)
Mutual Fund (108) (77) (29,806)
VALUATIONS P/E P/B DIV YLD
BSE 22.9 3.7 1.1
NSE 24.0 3.8 1.0
BSE500 Mcap/GDP Ratio 0.65
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
Reliance Comm 141.8 3.32 Shree Ashtavina 21.5 -9.85 REISIX TENR 78 14.04
Sterlite Inds 169.7 3.13 Money Matters 279.75 -4.99 Mastek 208.95 13.56
Wipro 425.2 2.57 MVL 24.55 -3.73 Dunlop India 78.2 12.11
Tata Motors 1320.35 2.5 IRB Infra 235.45 -3.39 Coral Hub 4.62 9.74
Hindalco Inds 218.4 2.25 HATHWAY CAB 161 -3.3 Gujarat Ambuj Ex 45.15 9.59
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Hero Honda 1788.25 -7.27 Gujarat Fluo 208.05 17.44 Bheema Cem 74.35 -9.99
NTPC 183.05 -1.77 Raymond 398.8 11.54 TCI Inds 2224.9 -5
Mahindra & Mahindra 789.35 -1.45 Man Infra 263.05 9.81 Urja Glob 111.55 -4.98
Bharti Airtel 346.35 -1.42 Dishman Pharma 147.35 9.35 Well Pack Papers 28.7 -4.97
Jaiprakash Asso 112.4 -1.06 Arss Infra Proj 944.5 8.51 Sujana Metal 26.6 -4.83
BULK DEALS
SCRIPT NAME CLIENT NAME TYPE QTY % PRICE
NSE
SEL Manufacturing Company Trans Financial Resources BUY 1.25% 27.7
Delta Corp Limited Crosseas Capital Services BUY 1.55% 120.3
Hindustan Org Chem Ltd Jmp Securities BUY 1.54% 56.5
Subex Limited Suresh Kanmal Jajoo SELL 1.33% 82.0
BS TransComm Limited Crosseas Capital Services Pvt. Ltd. SELL 0.88% 185.5
BSE
ABG Shipyard ABG International BUY 1.68% 380
Camlin Kent Resorts BUY 1.23% 43.0
Midfield Industries Anandita Securities BUY 1.05% 430.8
XL Telecom Goldman Sachs Investments SELL 1.20% 31.05
RCL FOODS Padma V SELL 1.35% 38.78
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.