The Indian stock market faced a decline, with BSE Sensex closing at 19,872 and NSE Nifty at 5,982, extending a losing streak led by heavy selling in metals and realty sectors. In corporate news, major banks and companies reported increased net profits for the second quarter, and Coal India's IPO saw significant demand. Additionally, global markets showed mixed results with some markets rebounding, while commodities like crude oil rose slightly.

1. Volume: 1 | Issue: 382| October 21, 2010
COMMENTARY INDIAN MARKET 20-Oct 19-Oct % Change
INDIA BSE Sensex 19,872 19,983 (0.56)
After enjoying its stay above the 6000 levels for nearly 2-weeks the NSE Nifty has finally ended NSE Nifty 5,982 6,027 (0.75)
below the psychological levels. Yet again, intensified selling in the last hour of the session BSE Midcap 8,289 8,292 (0.03)
dragged benchmark indices to end in the red, extending its losing streak to fifth straight trading BSE Smallcap 10,582 10,639 (0.54)
session. The sharp slide was led by the Metals, Realty, Consumer Durable stocks. The BSE Sensex Nifty Junior 12,927 12,942 (0.12)
lost 111 points to close at 19,872. The NSE Nifty lost 43 points to close at 5,982.The broader CNX Midcap 9,308 9,315 (0.07)
indices ended almost flat with slight negative bias, the BSE Mid-Cap index ended almost
unchanged and BSE Small-Cap index ended marginally slipped by 0.5%.
GLOBAL MARKETS 20-Oct 19-Oct % Change
The breath was negative. Out of total 3071 stocks on the BSE, 1837 stocks ended with negative Dow Jones Ind (USA) 11,108 10,978 1.18
bias and 1084 ended in the green, while 150 stocks remained unchanged. Nasdaq Composite(USA) 2,457 2,437 0.82
S&P 500 (USA) 1,178 1,166 1.03
GLOBAL MARKETS FTSE 100 (UK) 5,729 5,719 0.17
Stocks rebounded to end sharply higher on Wednesday, following the worst session in more than DAX (Germany) 6,525 6,503 0.33
two months. Investors digested a mixed batch of financial results and shrugged off a tepid report Nikkei 225 (Tokyo) 9,382 9,536 (1.62)
on regional economic conditions. The Dow Jones industrial average added 129 points, or 1.2%, to Hang Seng (Hong Kong) 23,557 23,764 (0.87)
end at 11,108. The S&P 500 gained 12 points, or 1.1%, to close at 1,178, and the Nasdaq rose 20
Shanghai Comp (China) 3,004 3,002 0.07
points, or 0.8%, to settle at 2,457.39. Stocks have been rising on speculation that the Federal
KOSPI (South Korea) 1,870 1,857 0.71
Reserve will announce plans to resume large-scale purchases of U.S. Treasuries, a policy called
STI (Singapore) 3,179 3,192 (0.42)
quantitative easing, when it meets next month.
MSCI Emerging Market 417 416 0.29
Asian markets are trading in a positive zone. The Nikkei is up by 0.47% and the Hang Seng is up MSCI Frontier Market 572 574 (0.36)
by 0.57%
CORPORATE/ ECONOMY NEWS BOND MARKETS 20-Oct 19-Oct Change
Yes Bank Ltd has registered a net profit of Rs 176.26 crore for the second quarter ended 10yr G-Sec Yield 8.12 8.09 0.03
September 30, 2010 compared with Rs 111.71 crore for the quarter ended September 30, 1yr G-Sec Yield 7.08 6.85 0.23
2009.The total income has increased from Rs 678.49 crore during the second quarter of last LIBOR (6m) 0.46 0.46 0.00
fiscal to Rs 1,084.79 crore during the corresponding quarter this fiscal. LIBOR (1m) 0.25 0.25 0.00
Interbank Call rate 6.7 6.6 0.06
Kotak Mahindra Bank Ltd has posted a net profit of Rs 194.70 crore for the second quarter
ended September 30, 2010 compared with Rs 125.90 crore for the quarter ended September 30,
BSE Turnover Rs Cr('000) Sensex
2009.The total income has increased from Rs 888.84 crore during the second quarter of last 20600 8.0
fiscal to Rs 1,154.04 crore during the corresponding quarter of this fiscal. 7.0
20400
6.0
Canara Bank has reported a 10 per cent rise in net profit at Rs 1,007.8 crore for the second 20200 5.0
quarter ended September 30, 2010 against Rs 910.5 crore in the same quarter of last fiscal. The
20000 4.0
bank reported that it has reported an increase of 8.4 per cent in total income during the quarter
19800 3.0
at Rs 6,077 crore against Rs 5,602 crore in the year-ago period.
2.0
19600 1.0
HCL Technologies Ltd has posted a net profit of Rs 194.88 crore for the quarter ended
19400 0.0
September 30, 2010 compared with Rs 300.75 crore for the quarter ended September 30,
14-Oct 15-Oct 18-Oct 19-Oct 20-Oct
2009. The company’s total income has increased from Rs 1,295.19 crore for the quarter ended
September 30, 2009 to Rs 1,540.34 crore for the quarter ended September 30, 2010.
Himachal Futuristic Communications Ltd has signed a joint venture agreement with
NSE Turnover Rs Cr('000) Nifty
Dragonwave Inc having its headquarters at Ottawa, Ontario. Dragonwave is a global supplier of 6150 20
high capacity packet microwave radio systems which are used for backhaul of traffic in 3G/4G
and broadband wireless networks. 6100 15
6050
Tata Communications reported that it will deploy telepresence solution for European 10
automaker PSA Peugeot Citroen. Telepresence is a technology for videoconferencing that 6000
allows people to have face—to—face meetings without travelling distances.. 5950 5
Wockhardt Hospitals reported that it will invest up to Rs 700 crore to double its bed capacity 5900 0
to 2,000 by 2013. The Mumbai—based healthcare chain, which sold ten of its hospitals for Rs 14-Oct 15-Oct 18-Oct 19-Oct 20-Oct
909 crore to Fortis last August, currently runs eight hospitals with a total of 1,000 beds.
`
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: 382| October 21, 2010
CORPORATE NEWS SECTOR 20-Oct 19-Oct % Change
Coal India Ltd’s mega initial public offer (IPO), which is expected to raise around Rs 15,000 crore, Capital Goods 15,868 15,836 0.20
has received demands for more than twice the number of shares on sale, on the third day of the Healthcare 6,369 6,358 0.16
issue .The issue attracted bids for 129.35 crore shares against 63.1 crore equities on offer. Oil&Gas 10,755 10,738 0.16
Power 3,195 3,196 (0.02)
Manipal Hospitals has reported that it will invest Rs 200 crore in the next three years to double IT 6,007 6,016 (0.15)
its capacity to 8,000 beds. The healthcare chain, predominantly strong in South India, said that it PSU 10,266 10,297 (0.30)
is looking to acquire smaller hospitals to expand in West and East India. Teck 3,684 3,698 (0.40)
Bankex 13,862 13,931 (0.50)
Gujarat State Petronet Ltd (GSPL) has trounced the state owned gas utility GAIL India and a Auto 9,711 9,766 (0.56)
joint venture of Adani Group and Welspun to win rights for two cross-country natural gas FMCG 3,566 3,603 (1.02)
pipelines. A GSPL-led consortium beat GAIL to get rights to lay a 1,600-km line from Mallavaram Consumer Durables 6,205 6,275 (1.11)
on the east coast of Andhra Pradesh to Bhilwara in Rajasthan. Realty 3,788 3,841 (1.37)
Metal 16,892 17,276 (2.22)
Lanco Infratech Ltd has reported that Lanco Power Ltd, a wholly owned subsidiary of the
company, has received sanctions for the total debt requirements for 1,320-MW (2 x 660) coal-
based power units - III & IV in Chhattisgarh.
Konark Group has earmarked Rs 1,000 crore to enter the power sector where it plans to
generate 100 MW of renewable energy by 2013.
BSE Upper Circuit Breakers
Company Name 20-Oct 19-Oct % Change
Financial services firm Motilal Oswal reported a 30 per cent decline in consolidated net profit at
Merck 909.5 758.0 20.00
Rs 33.11 crore for the second quarter ended September 30, 2010.Total income of the company
fell to Rs 154 crore during the July—September quarter, from Rs 163 crore in the corresponding Secundrabad Health 23.7 19.8 20.00
period last year. Ajcon Global Services 15.4 14.0 10.00
0 Accel Transmatic 23.3 21.2 10.00
Power Grid Corporation of India Ltd has posted a net profit of Rs 651.40 crore for the second Gujarat Auto 523.7 498.8 5.00
quarter ended September 30, 2010, an increase of 41.60% against Rs 459.97 crore reported
during the corresponding quarter last year. Total income for the quarter has increased to Rs
2,222.97 crore from Rs 1,800.90 reported during the same quarter last fiscal.
BHEL has bagged contracts worth Rs 35 crore to set up grid-interactive solar power plants of
1100 kW capacity at eight locations in the union territory of Lakshadweep. BSE Lower Circuit Breakers
Company Name 20-Oct 19-Oct % Change
Tata Chemicals Ltd has entered into Share Purchase Agreement to acquire 100% stake in South Infronics Systems 60.4 67.1 (10.00)
African Company viz. Grown Energy (PTY) Ltd. (GEL) for a total consideration of US$1.10 Kemp & Co 257.7 271.2 (5.00)
million.GEL explores bio fuels opportunities in Mozambique. Subhkam Capital 489.0 514.7 (5.00)
Arrow Securities 70.7 74.4 (5.00)
Hindustan Zinc Ltd has posted a net profit of Rs 948.72 crore for the second quarter ended Marathawada Refractories 270.8 285.0 (5.00)
September 30, 2010 compared with Rs 934.95 crore for the quarter ended September 30, 2009.Its
total income has increased from Rs 1,972.03 crore for the quarter ended September 30, 2009 to
Rs 2,385.07 crore for the quarter ended September 30, 2010.
Oberoi Realty on Wednesday surged nearly nine per cent at the Bombay Stock Exchange on the
first day of trade amid volatile broader market which ended in the negative zone. Shares of the
realty major garnered heavy demand during the day and rose by 8.82 per cent to end at Rs
282.95 over its issue price of Rs 260. The scrip had jumped 15 per cent to touch an intra—day
high of Rs 299.
COMMODITY / CURRENCY NEWS COMMODITY 20-Oct 19-Oct % Change
Crude Oil (USD/bbl) 82.3 80.4 2.35
Gold (Rs/10gm) 19,540.0 19,543.0 (0.02)
Light Sweet Crude Oil on Wednesday was up by 2.3% at $82.3 per barrel. Gold closed down by
Silver (Rs/kg) 35,708.0 35,643.0 0.18
0.02% at Rs 19,540 and Silver closed up by 0.18% at Rs. 35,708.
The Indian Rupee closed flat against the dollar at 44.35 as the Indian equity benchmarks ended on CURRENCY 20-Oct 19-Oct % Change
negative note. INR / USD 44.35 44.35 -
USD / Euro 1.38 (100.00)
Yen / USD 81.33 (100.00)
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: 382| October 21, 2010
ECONOMY / POLICY NEWS FUTURES PREMIUM/DISC Cash Futures P/D%
Witnessing the steepest fall this fiscal, iron ore exports in September went down by Bajaj Hindustan 128.5 129.7 0.97
47.46 per cent to 3.02 million tonnes due to the ban imposed by mineral rich Sterlin BioTech 113.5 114.55 0.93
Karnataka on iron ore shipments and extended monsoon in the country. EKC 125.7 126.85 0.91
Glaxo 2361.1 2382.15 0.89
The Government has announced a marginal hike of Rs 20 a quintal in the minimum Opto CircuiT 297.3 299.85 0.87
support price of wheat to Rs 1,120, but masoor and gram dal prices have been raised KS Oils 52.5 52.9 0.86
sharply by up to Rs 380 a quintal to encourage farmers to grow more. Ambuja Cement 137.6 136.4 (0.91)
Hero Honda 1838.7 1826.0 (0.69)
The Union Government has approved amendments to the Enemy Property Act to Infosys 3018.6 2998.0 (0.68)
ensure, among other issues, that such property is divested only to the owner or his lawful Ultra Tech Cement 1121.0 1113.8 (0.64)
heir and continue to vest in the custodian till it is divested by the Centre. Exide Industries 158.9 158.4 (0.31)
Core Project 287.1 286.4 (0.24)
INSTITUTIONAL ACTIVITY (Rs Cr) 13-Oct 12-Oct YTD
FII Cash Net 3,100 700 1,03,343
FII Stock Futures (1,004) (879) (11,811)
FII Index Futures (203) (351) (10,088)
Mutual Fund (352) (337) (27,313)
VALUATIONS P/E P/B DIV YLD
BSE 23.4 3.8 1.1
NSE 24.7 3.8 1.1
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 %
Tata Power 1,390 1.16 INDIAB POWER 31 11.17 Merck 910 19.99
NTPC 206 0.91 EID Parry 505 9.42 Birla Power 2 19.48
L&T 2,005 0.54 Shree Global Trd 230 8.87 Genus Power 266 8.76
RIL 1,049 0.46 Ballarpur Inds 38 6.68 Indoco Remedies 471 8.66
ONGC 1,350 0.39 JUBILANT ORG 320 5.52 Supreme Infra 283 8.65
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Sterlite Inds 170 -3.5 Cholamandalam Inv 169 -4.19 Gemini Comm 33 -8.45
HDFC 701 -2.8 Rajesh Exports 101 -4.16 Jindal Poly 1134 -7.84
Tata Steel 616 -2.8 JM Financial 44 -3.72 Nagarjuna Agrichm 199 -5.95
Hindalco Inds 203 -1.7 IVR Prime 114 -3.19 FCS Software 2 -5.61
Bharti Airtel 321 -1.7 Motilal Oswal 202 -3.18 Sujana Metal 29 -5.37
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% 198.3
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% 80.0
BSE
Birla Shloka Indravarun Trade Impex BUY 1.88% 38.21
Bilpower Niraj Share & Stock Brokers BUY 0.34% 197.3
Shiva Cement Ganesh Sarjulal Gupta BUY 0.99% 10.2
Ballarpur Inds Neha Khandelwal SELL 3.10% 2.35
Quintegra Sol Shailendra Kumar Komatreddy SELL 1.33% 15.1
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