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1. Volume: 1 | Issue: 380| October 19, 2010
COMMENTARY INDIAN MARKET 18-Oct 15-Oct % Change
INDIA BSE Sensex 20,169 20,125 0.22
The Indian stock indices saw accelerated selling in mid-morning trade and in the afternoon, as NSE Nifty 6,076 6,063 0.22
some investors pulled out money to apply for the Coal India IPO. Sentiment was also nervous BSE Midcap 8,272 8,312 (0.47)
after two consecutive weeks of losses, which dragged down the indices from 33-month highs, in BSE Smallcap 10,614 10,630 (0.15)
which the BSE Sensex dipped below 20,000 and the NSE Nifty fell under 6,000.The markets Nifty Junior 12,956 12,954 0.02
recovered in late trade as there was strong fund buying seen across the board. The BSE Sensex CNX Midcap 9,317 9,347 (0.32)
ended at 20,169, up 43 points from the previous close after being as low as 19,870 and The NSE
Nifty on the other hand was up 13 points at 6,076 after touching a day's low of 5,985. In terms of
sectors, IT was the real star on Monday. The BSE Small-Cap index lost 0.15% while the BSE Mid- GLOBAL MARKETS 18-Oct 15-Oct % Change
Cap index was down 0.5%. Dow Jones Ind (USA) 11,143 11,063 0.73
Nasdaq Composite(USA) 2,480 2,469 0.45
Market breadth was negative though, as the broader market never recovered from a weak start; S&P 500 (USA) 1,184 1,176 0.66
1,715 shares declined on the BSE while 1,236 shares advanced. FTSE 100 (UK) 5,743 5,703 0.69
DAX (Germany) 6,517 6,492 0.37
GLOBAL MARKETS Nikkei 225 (Tokyo) 9,498 9,500 (0.02)
Stocks gained steam to close the session sharply higher on Monday, extending last week's rally, Hang Seng (Hong Kong) 23,469 23,758 (1.21)
on upbeat earnings from Citigroup and improvement in the housing sector. The Dow Jones Shanghai Comp (China) 2,955 2,971 (0.53)
added 81 points, or 0.7%, to end at 11,143. The S&P 500 rose up 9 points, or 0.66%, to settle at
KOSPI (South Korea) 1,875 1,902 (1.41)
1,184, and the Nasdaq composite index gained 12 points, or 0.45%, to close at 2,480.
STI (Singapore) 3,181 3,204 (0.71)
MSCI Emerging Market 421 425 (0.80)
Asian stocks are positive as Citi's better than expected earnings brightens banks' earnings
MSCI Frontier Market 577 573 0.65
outlook. The Nikkei is up by 0.5% and the Hang Seng is up by 0.6%
CORPORATE/ ECONOMY NEWS BOND MARKETS 18-Oct 15-Oct Change
Engineering and construction major Larsen and Toubro has reported a rise of 32 per cent in its 10yr G-Sec Yield 8.11 8.08 0.03
net profit at Rs 765 crore for the second quarter ended September 30, 2010 against Rs 580 crore 1yr G-Sec Yield 6.85 6.85 0.00
during the same quarter in 2009-10.During July-September quarter, the company’s order book LIBOR (6m) 0.46 0.46 0.00
stood at Rs 20,464 crore, while its overall order book stood at Rs 1,15,393 crore till September LIBOR (1m) 0.26 0.26 0.00
30, 2010. Interbank Call rate 6.5 6.4 0.11
Leading mortgage firm Housing Development Finance Corporation (HDFC) has reported a
BSE Turnover Rs Cr('000) Sensex
21.63 per cent rise in net profit at Rs 807.54 crore for the second quarter ended September 30, 20800 8.0
2010 led by higher loan disbursal. The company had posted a net profit of Rs 663.94 crore 7.0
during the corresponding quarter previous fiscal. It also reported an increase of 4.21 per cent in 20600 6.0
its total income during the second quarter to Rs 2,970.22 crore against Rs 2,850.23 crore in the 5.0
corresponding period previous fiscal. 20400
4.0
20200 3.0
Coal India's (CIL) Rs 15,000-crore mega initial public offer (IPO), the country's largest
public issue so far, got demands for 34 per cent of shares on offer on the first day . 20000 2.0
1.0
ING Vysya Bank has recorded a 41 per cent jump in its net profit for the September quarter at 19800 0.0
Rs 75.3 crore on the back of a healthy rise in net interest income. The Bangalore-based bank's 12-Oct 13-Oct 14-Oct 15-Oct 18-Oct
net profit for the July-September period last year stood at Rs 53.5-crore.
Tata Steel said its programme to ramp up the production capacity of its domestic facility at
Jamshedpur by around 47 per cent to 10 million tonnes per annum (MTPA) is on track and will NSE Turnover Rs Cr('000) Nifty
6250 25
be completed by March 2011.The global steel major plans to enhance production capacity from
6.8 MTPA to 10 MTPA by March 2011, with an investment of Rs 15,000 crore. 6200 20
6150
15
State-run power financier Rural Electrification Corporation (REC) plans to raise funds through 6100
issuance of deep discount bonds in the current financial year, besides raising Rs 1,000-1,500 10
6050
crore through infrastructure bonds. The company plans to issue 10-year deep discount bonds,
6000 5
also known as zero coupon bonds, in the last quarter of 2010-11.
5950 0
State-owned Oil and Natural Gas Corp (ONGC) has kicked off a Rs 8,800-crore redevelopment 12-Oct 13-Oct 14-Oct 15-Oct 18-Oct
of the southern part of its Mumbai High fields, using a cost-effective technology to maintain
output from the prime western offshore fields.
`
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: 380| October 19, 2010
CORPORATE NEWS SECTOR 18-Oct 15-Oct % Change
L&T Infrastructure Finance Company Ltd (L&T Infra), promoted by engineering and IT 6,153 6,075 1.28
construction major Larsen & Toubro Ltd, would be raising Rs 700 crore through its public issue of Oil & Gas 10,782 10,693 0.84
tax saving infrastructure bonds. Realty 3,909 3,881 0.72
Teck 3,764 3,739 0.66
Godrej Properties reported a 26 per cent dip in net profit for the second quarter ended Capital Goods 15,964 15,905 0.37
September 30, 2010.During the quarter under review, the company’s net profit stood at Rs 32.91 PSU 10,363 10,332 0.30
crore against Rs 44.7 crore registered in the corresponding period previous fiscal. Total income Metal 17,494 17,493 0.00
also declined to Rs 83.7 crore from Rs 98.88 crore Auto 9,738 9,752 (0.14)
Bankex 14,026 14,049 (0.16)
Adani Enterprises will invest $6.9 billion in developing its recently acquired Australian coal Healthcare 6,291 6,302 (0.17)
mines. The company is committed to invest $6.9 billion (about Rs 30,500 crore) in Australia for Power 3,226 3,232 (0.17)
developing mine, rail and port project in its Galilee Basin coal mine in Queensland, Australia to FMCG 3,601 3,608 (0.18)
produce up to 60 million tonnes of coal a year at its peak. Consumer Durables 6,301 6,366 (1.02)
Mudra Lifestyle said that it will issue 1.2 crore equity shares, constituting 25 per cent equity in
the company, to South Korea based textile chain E-Land for around Rs 72 crore.
Reliance Industries has indicated that it may actively bid for oil and gas exploration blocks,
including nine new areas, being auctioned by the Government.
BSE Upper Circuit Breakers
Company Name 18-Oct 15-Oct % Change
Venus Remedies has been granted patents by the Australian and Ukrainian patent authorities
Accel Transmatic 18.1 15.1 20.00
for its research product Potentox which is used in the treatment of pneumonia and febrile
neutropenia. Jay Bharat Maruti 98.2 81.8 20.00
Shiva Cement 10.7 8.9 20.00
McNally Bharat Engineering Company Ltd reported that the company has received an order 0 Liberty Phosphate 67.2 61.1 10.00
worth Rs 21.22 crore from Essar Projects (India) Ltd. The contract is for the supply of 2 Nos. stacker Keynote Corporate 67.1 61.0 10.00
reclaimers for Jharkhand power project and the contractual completion period is 12 months.
Oil and Natural Gas Corporation’s fuel subsidy bill will increase by nearly 15 per cent to Rs
3,019 crore in the second quarter of this fiscal.PSU fuel retailers Indian Oil Corporation Ltd,
Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd together lost
about Rs 11,295 crore in revenues on selling diesel, domestic LPG and kerosene below the cost of BSE Lower Circuit Breakers
production in July-Septe mber quarter. Company Name 18-Oct 15-Oct % Change
Binani Industries 224.1 235.9 (5.00)
Insurance player Bajaj Finserv has reported a jump in its net profit at Rs 52.77 crore for the Industrial & Prudential 1968.8 2072.4 (5.00)
second quarter of the 2010-11 fiscal. The company, which has a presence in life and general Subhkam Capital 541.8 570.3 (5.00)
insurance space, clocked a net profit of Rs 21.69 crore during the second quarter of the 2009-10 7Seas Technologies 134.0 141.1 (5.00)
fiscal. Aroni Comercials 79.1 83.2 (5.00)
Emami will nationally roll out a new soap and skin creams within a month to strengthen its
portfolio ahead of winter, a crucial period for the personal care and healthcare major.
Gayatri Energy Ventures Private Limited, a wholly owned subsidiary of Gayatri Projects
Limited, will add hydel, wind or gas-based projects to its energy portfolio. It will also pursue
options to set up greenfield projects or acquire existing ones in Karnataka, Maharashtra and
others states.
The direct-to-home (DTH) space is likely to witness a price war as operators like Tata Sky, Dish
TV and Sun Direct offer discounts on new connections in on the festive season.
COMMODITY / CURRENCY NEWS COMMODITY 18-Oct 15-Oct % Change
Crude Oil (USD/bbl) 83.6 81.5 2.55
Gold (Rs/10gm) 19,897.0 19,859.0 0.19
Light Sweet Crude Oil on Monday was up by 2.55% at $83.6 per barrel. Gold closed up by 0.2 %
Silver (Rs/kg) 36,434.0 36,231.0 0.56
at Rs 19,897 and Silver closed up by 0.19 % at Rs. 36,434.
The Indian Rupee closed lower against the dollar at 44.36 as the Indian equity benchmarks ended CURRENCY 18-Oct 15-Oct % Change
on positive note. INR / USD 44.36 44.10 0.59
USD / Euro 1.39 1.39 0.20
Yen / USD 81.31 81.40 (0.11)
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: 380| October 19, 2010
ECONOMY / POLICY NEWS FUTURES PREMIUM/DISC Cash Futures P/D%
Driven by widening demand-supply mismatch, edible oil imports have more than Tata Motors 1146.0 1,178.0 2.79
doubled in just four years to over 88 lakh tonnes in 2009-10 oil year, and the Reliance Industries 1047.5 1063.15 1.50
momentum is expected to continue in the coming years.The country imported only 44.16 KingFisher Airlines 75.0 76.05 1.47
lt in 2005-06, 47.14 lt in 2006-07, 56.08 lt in 2007-08 and 81.83 lt in 2008-09 oil year. The GSPL 117.0 118.4 1.24
rise in imports is led by increase in demand for edible oils, and a near stagnant oilseeds Reliance Media Works 267.4 270.6 1.22
production in the last decade due to non-growth in acreage. EKC 128.1 129.6 1.21
Infosys 136.7 136.9 0.15
India will launch its first-ever offer of shale gas areas for exploration by end 2011, even as Core Project 987.0 987.4 0.04
it targets at least a billion dollar of investment commitments from the ongoing auction of Ultra Tech Cement 399.2 398.8 (0.10)
conventional oil and gas blocks. Union Bank 1132.5 1130.5 (0.18)
Bank Baroda 292.6 291.6 (0.32)
India is reviewing telecoms gear import rules that it unveiled earlier this year to address Ambuja Cement 3107.1 3096.1 (0.35)
security concerns, after companies expressed difficulties implementing stricter rules
including sharing their hardware and software codes. INSTITUTIONAL ACTIVITY (Rs Cr) 12-Oct 11-Oct YTD
FII Cash Net 700 1,111 97,143
The Coal Ministry is holding discussions on the draft Mines and Minerals Bill for greater FII Stock Futures (879) (597) (9,803)
clarity on proposals, as the impact would be highest on Coal India FII Index Futures (351) 212 (9,682)
Mutual Fund (337) (260) (26,609)
The country’s drug price regulator has reduced prices of eight medicines sold by leading
pharma companies by up to 85%, in one of the sharpest price cuts over the past few VALUATIONS P/E P/B DIV YLD
years. The National Pharmaceutical Pricing Authority (NPPA), a few days ago, slashed the BSE 23.8 3.8 1.0
maximum price at which these eight medicines could be sold after its market survey NSE 25.1 3.8 1.0
found that companies were selling them at a huge premium compared with their BSE500 Mcap/GDP Ratio 0.66
manufacturing and sale cost.
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
TCS 979.4 2.98 Petronet LNG 124.60 8.30 Gemini Comm 32.35 18.28
NTPC 206.9 1.70 Shree Ashtavina 38.50 5.91 Asian Star 1124.00 10.74
Tata Steel 646.0 1.56 Indiabulls Real Est 206.35 5.39 Steel Strp Whls 340.55 9.40
ONGC 1,360.5 1.42 Nagarjuna Constr 154.30 4.12 Indo Rama Syn 53.55 8.84
L&T 2,013.2 1.19 Jindal Saw 218.90 3.38 Hindustan Compo 544.90 8.58
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
ACC 970.05 -2.9 Chambal Fert 85.95 -7.53 LGS Glob 60.5 -8.89
Bharti Airtel 326.85 -2.2 Gujarat State Fert 322.85 -5.89 Asian Hotels (West) 250.0 -5.27
Jaiprakash Asso 128.35 -1.8 Unichem Lab 535.65 -4.87 Subhkam Cap 541.8 -5.00
Tata Power 1394.4 -1.6 Rashtriya Chem 105.30 -4.75 Atco Corp 137.9 -4.99
Cipla 326.85 -1.5 Manappuram Gen 143.40 -4.4 Binani Inds 224.1 -4.98
BULK DEALS
SCRIPT NAME CLIENT NAME TYPE QTY % PRICE
NSE
Karuturi Global Saravana Enterprises BUY 1.09% 35.7
Nagarjuna Fertilizers & Chemicals Clean Finance & Investment BUY 0.54% 34.3
Agro Dutch Industries Naresh Jain SELL 0.88% 29.5
Nu Tek India Trans Techno Foods SELL 1.27% 40.1
R. S. Software Kanchan Chhabra SELL 0.63% 49.3
BSE
Birla Shloka Ndravarun Trade Impex BUY 0.77% 35.4
Karuturi Global Aashka Construction BUY 1.25% 34.8
Parenteral Drug Madhukar Chimanlal Sheth BUY 0.99% 310.0
Temptation Food Stellant Capital Advisory Services SELL 0.51% 36.4
Southern Petro Ind Corp J M P Securities SELL 1.34% 26
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