1. Volume: 1 | Issue: 358| September 17, 2010
COMMENTARY INDIAN MARKET 16-Sep 15-Sep % Change
INDIA BSE Sensex 19,417 19,502 (0.43)
The Indian market ended the day in the negative terrain after rallying for seven straight trading NSE Nifty 5,829 5,861 (0.55)
sessions. The day began on a flat note amid slightly negative global cues and trading remained BSE Midcap 7,990 8,068 (0.97)
lacklustre ahead of the RBI policy review. The Sensex lost 84 points to close at 19,417 and the NSE BSE Smallcap 10,114 10,186 (0.70)
Nifty lost 32 points to close at 5,829 after crossing 5900 points for the first time in 32 months. The Nifty Junior 12,398 12,540 (1.13)
broader indices ended with slight losses, the BSE Mid-Cap index was down 0.97 % and BSE Small- CNX Midcap 9,030 9,135 (1.15)
Cap index was down 0.70 %.
Out of 3087 stocks, there were 1081 advances as against 1863 declining stocks. GLOBAL MARKETS 16-Sep 15-Sep % Change
Dow Jones Ind (USA) 10,595 10,573 0.21
GLOBAL MARKETS Nasdaq Composite(USA) 2,303 2,301 0.08
The Dow index on Thursday pared early losses to close with slight gains after a choppy day S&P 500 (USA) 1,125 1,125 (0.04)
marked by new data showing jobless claims dropped last week but still remained high. FTSE 100 (UK) 5,540 5,557 (0.30)
The Dow Jones Industrial Average was up 22 points (0.21 percent) to 10,595 in closing trades, DAX (Germany) 6,250 6,262 (0.20)
while the tech-rich Nasdaq composite index gained 2 points (0.08 percent) to 2,303. However, the Nikkei 225 (Tokyo) 9,510 9,517 (0.07)
broader S&P 500 index lost 0.41 points (0.04 percent) to reach 1,124 points. Hang Seng (Hong Kong) 21,691 21,726 (0.16)
Shanghai Comp (China) 2,602 2,653 (1.89)
The Asian markets have opened on a positive note, even as doubts on the Yen's weakness persist. KOSPI (South Korea) 1,812 1,824 (0.66)
the Nikkei is up by 0.71% and the Hang Seng is up by 0.24% STI (Singapore) 3,067 3,071 (0.13)
MSCI Emerging Market 390 393 (0.68)
MSCI Frontier Market 543 542 0.16
CORPORATE/ ECONOMY NEWS BOND MARKETS 16-Sep 15-Sep Change
India's Housing Development and Infrastructure said that it raised $250 million through a 10yr G-Sec Yield 7.96 7.94 0.02
share sale to institutional buyers. The company intends to use a major portion of the funds for 1yr G-Sec Yield 6.48 6.48 0.00
Mumbai International Airport slum rehabilitation project, and the balance as working capital. LIBOR (6m) 0.50 0.48 0.02
LIBOR (1m) 0.26 0.26 (0.00)
India's state-run lender Rural Electrification Corp is likely to raise $300-$500 million via bonds Interbank Call rate 5.9 5.8 0.11
by November.
BSE Turnover Rs Cr('000) Sensex
Jupiter Asset Management has increased its stake in EIH Associated Hotels to 8.98 per cent 19600 5.5
from 7.45 per cent earlier, by acquiring 3 lakh shares of the company. 5.4
19400
5.3
IVRCL Assets and Holdings Ltd, a unit of IVRCL Infrastructures & Projects, said that it won an 19200 5.2
order worth Rs 1,500 crore for extension of the Pune-Mumbai expressway.
19000 5.1
18800 5.0
Simplex Infrastructures Limited will design and build the proposed airport near Durgapur in
4.9
West Bengal. 18600 4.8
18400 4.7
ARSS Infrastructure Projects Ltd reported that the company has received a new work order
9-Sep 13-Sep 14-Sep 15-Sep 16-Sep
from the Office of the Chief Engineer, PWD, Highway, Mizoram for Rs 163.11 crore.
Hinduja flagship company Ashok Leyland said that it has bagged order for 2,850 buses from
the Tamil Nadu government.
NSE Turnover Rs Cr('000) Nifty
5900 18
Textile major S Kumars Nationwide Limited's premium menswear subsidiary Reid & Taylor 5850 17
plans to hit the market with its $250 million IPO by end- 2010 and is in the process of filing its 5800 17
papers with market regulator Sebi by end-this month. 5750 16
5700
Reliance Industries Ltd is considering investing in a Chesapeake Energy Corp shale gas asset. 5650 16
5600 15
Stemcor Holdings Ltd, which is based in London one of the largest steel traders, is picking up a 5550 15
10 per cent stake in debt-ridden Ispat Industries. 5500 14
9-Sep 13-Sep 14-Sep 15-Sep 16-Sep
`
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.
Website: www.fullertonsecurities.co.in

2. Volume: 1 | Issue: 358| September 17, 2010
CORPORATE NEWS SECTOR 16-Sep 15-Sep % Change
The oil ministry has not yet decided Oil and Natural Gas Corp should partner other local firms in Realty 3,684 3,640 1.22
its bid for BP's stake in a gas project in Vietnam Bankex 13,651 13,570 0.59
Consumer Goods 15,372 15,316 0.37
United Bank of India (UBI) might go for a hike in deposit rates in view of low growth in deposits. FMCG 3,522 3,514 0.23
Power 3,155 3,167 (0.39)
Hinduja Realty Ventures that it will invest Rs 5,500 crore in the next 3-5 years to develop four Auto 9,215 9,256 (0.45)
projects in Hyderabad, Bangalore and Chennai. The projects, which will have a total of 30 million Healthcare 5,725 5,750 (0.45)
sq ft of saleable area, will have both residential and commercial spaces. PSU 10,219 10,280 (0.59)
Consumer Durables 6,028 6,072 (0.73)
The country's largest lender, SBI, has sought the Finance Ministry's nod for raising Rs 20,000 crore Oil & Gas 10,549 10,655 (1.00)
from the market. The amount would enable the bank to fuel its business plans, particularly in the Metal 16,209 16,457 (1.50)
face of rising competition from private and overseas rivals with deep pockets. Teck 3,617 3,698 (2.19)
IT 5,813 5,949 (2.29)
JK Paper plans to raise about Rs 450 crore through a share sale to institutions or rights issue to
fund expansion in Orissa. The company plans to spend about Rs 1,500 crore to enhance capacity
at its Rayagada plant in Orissa in two years and expects to raise Rs 900 crore in debt and rest in
equity for the project.
Indian Oil Corporation plans to use the public offer funds for expansions of its petrochemical
BSE Upper Circuit Breakers
and LNG business that were put on hold due to fund crunch. The company aims to raise Rs
Company Name 16-Sep 15-Sep % Change
10,000 crore through an issue of 10 per cent fresh equity in the last quarter of the current
financial year. Kinectic Engineering 158.6 132.15 20.00
Bang Overseas 55.9 46.60 20.00
Berger Paints India will invest Rs 1.5 billion for setting up a manufacturing unit in Andhra Shristi Infra 608.3 553.2 10.00
Pradesh. 0 Atharv Enterprises 12.1 11.0 10.00
Polypex Corporation 704.7 671.2 5.00
Voltas Ltd is going slow in bidding for electromechanical projects in the Middle East as rising
competition in the region squeezes profit margins
Textile and apparel major S Kumars Nationwide Ltd (SKNL), said that the company has raised
$50 million (Rs 235 crore) by issuing fresh shares to qualified institutional buyers (QIBs). The
company received an order-book of around 2.5 times the base issue size of $ 25 million and BSE Lower Circuit Breakers
opted to exercise the over-allotment option of $25 million. Company Name 16-Sep 15-Sep % Change
Mayur Leather Products 143.8 151.3 (5.00)
Biotechnology firm Biocon said that it has entered into an agreement with US-based Continental Petroleum 20.1 21.1 (5.00)
Telaradiology Solutions to provide services to its clinical research organisation. Subhkam Capital 657.5 692.2 (5.00)
CMI 27.6 29.1 (5.00)
Drug firm Elder Pharmaceuticals has made an offer to acquire UK-based NeutraHealth Plc for H.P.Cotton Textile 19.1 20.1 (5.00)
nearly 9.80 million pounds.
India's largest private sector bank HDFC Bank has got approval from the Hong Kong Monetary
Authority (HKMA) to commence banking operations in that country. Apart from routine
commercial banking, the bank is looking to offer a basket of international investment products to
customers across South-East Asia.
. COMMODITY / CURRENCY NEWS COMMODITY 16-Sep 15-Sep % Change
Crude Oil (USD/bbl) 75.3 76.0 (0.92)
Gold (Rs/10gm) 19,181.0 19,139.0 0.22
Light Sweet Crude Oil on Wednesday was down by 0.92% at $75.32 per barrel. Gold closed up by
Silver (Rs/kg) 32,370.0 32,136.0 0.73
0.22 % at Rs 19181 and Silver closed up by 0.73% at 32370.
The Indian Rupee closed higher against dollar by 0.5% at 46.14 as the Indian equity benchmarks CURRENCY 16-Sep 15-Sep % Change
ended on positive note. INR / USD 46.14 46.37 (0.50)
USD / Euro 1.31 1.30 0.54
Yen / USD 85.72 85.41 0.37
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: 358| September 17, 2010
ECONOMY / POLICY NEWS FUTURES PREMIUM/DISC Cash Futures P/D%
The Reserve Bank of India (RBI) in its maiden mid-quarter policy has hiked repo rate GTL 431.6 436.0 1.03
by 25bps to 6% and reverse repo rates by 50 basis points (bps) to 5%. The RBI had Sintex 356.8 359.6 0.80
earlier hiked the repo rate by 25 basis points and reverse repo rate by 50 basis NHPC 32.6 32.8 0.77
points during its policy review in July. Orbit Corporation 125.1 126.05 0.76
Ispat Industries 20.4 20.5 0.74
The cabinet cleared the way to allow commodities exchanges to launch options on Bosch 6172.2 6217.1 0.73
Thursday, a move which should boost liquidity in markets which have already attracted SCI 167.2 162.7 (2.69)
international investors. The Forward Markets Commission would be the regulator for the GMDC 133.0 130.9 (1.58)
exchanges and will have autonomy. Ambuja Cement 136.3 134.3 (1.50)
Maruti 1397.3 1377.7 (1.41)
India's food price index rose 15.10 per cent while the fuel price index climbed 11.48 Reliance Capital 810.8 800.5 (1.27)
per cent, in the year to September 4, under a new series with different base year, Opto Circuit 322.6 319.0 (1.12)
components and weightings. .The primary articles index was up 16.22 per cent in the
latest week. It rose 15.40 per cent in the previous week.
INSTITUTIONAL ACTIVITY (Rs Cr) 09-Sep 08-Sep YTD
FII Cash Net 1,177 463 59,839
FII Stock Futures 472 (58) 1,672
FII Index Futures 212 (587) (5,621)
Mutual Fund (286) (105) (15,000)
VALUATIONS P/E P/B DIV YLD
BSE 23.1 3.7 1.1
NSE 24.6 3.8 1.0
BSE500 Mcap/GDP Ratio 0.63
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
DLF 349.7 2.66 Alstom Projects 777.0 6.26 Resurgere Mines 3.1 19.61
HDFC 691.1 1.39 Indraprastha Gas 324.6 4.66 Cosmo Films 147.7 10.89
SBI 3,100.1 1.29 Alfa Laval 1,436.9 3.74 Bhansali Engr 39.9 10.85
Maruti Suzuki 1,386.8 1.25 Berger Paints 118.2 3.41 Shristi Infrastructure 608.3 9.96
L&T 1,934.1 0.94 Redington India 93.4 3.21 Delta Corporation 58.1 9.93
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Infosys 2967.8 -2.70 HT Media 150.9 -7.54 Cals Refineries 0.3 -6.67
Reliance Communications 158.1 -2.41 Shree Global Trade 197.5 -4.93 VGuard Industries 192.0 -5.47
Bharti Airtel 347.7 -2.37 Pantaloon Retail 465.7 -4.38 Balkrishna Industries 709.2 -5.09
Sterlite Industries 169.7 -2.30 Jagran Prakashan 128.0 -4.30 Subhkam Capital 657.6 -5.00
Jaiprakash Associates 122.3 -2.12 Dish TV India 56.6 -4.23 Standard Industries 46.3 -4.93
BULK DEALS
SCRIPT NAME CLIENT NAME TYPE QTY % PRICE
NSE
Aban Offshore Saravana Enterprises BUY 0.55% 833.19
Aksh Optifibre ASP Investment Consultants BUY 0.98% 20.7
Balrampur Chini Mills Deutsche Securities Mauritis BUY 1.20% 87.4
Cosmo Films Om Investments SELL 0.78% 151.5
Jupiter Bioscience Raj Finvest SELL 0.68% 105.4
BSE
ACIL Cot Industries Abhijit Ramesh Mohod BUY 0.51% 34.68
Arihant Capital Kamlesh Nagar BUY 0.90% 250.4
Chhattisgarh Industries Tripurari Properties BUY 1.24% 10.0
KAY Power Bampsl Securities SELL 0.95% 17.54
Oregon Commercials Manishkumar Kacharalal Patel SELL 0.02% 202.09
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