1. Volume: 1 | Issue: 411| December 6, 2010
COMMENTARY INDIAN MARKET 03-Dec 02-Dec % Change
INDIA BSE Sensex 19,966 19,993 (0.13)
After having a turbulent November, the first week of December began with smart gains. NSE Nifty 5,993 6,012 (0.31)
However, the Indian markets ended the week on a slightly sour note with the broader market BSE Midcap 7,883 8,069 (2.30)
particularly badly battered. The Realty, Metals and Banking stocks led the decline. While select IT BSE Smallcap 9,859 10,163 (3.00)
and Auto stocks managed to buck the negative trend. The BSE Sensex slipped 26 points to close Nifty Junior 12,500 12,684 (1.45)
at 19,966 and the NSE Nifty slipped 19 points to close at 5,993. The BSE Mid-Cap and the BSE CNX Midcap 9,011 9,177 (1.81)
Small-Cap index lost 2.3% and 3%, respectively.
The market breath was negative out of 3039 stocks 2206 declined,703 advanced and 130 stocks GLOBAL MARKETS 03-Dec 02-Dec % Change
remained unchanged. Dow Jones Ind (USA) 11,382 11,362 0.17
Nasdaq Composite(USA) 2,592 2,579 0.48
GLOBAL MARKETS S&P 500 (USA) 1,225 1,221 0.27
US stocks closed their best week in a month on Friday, shrugging off tepid jobs growth in a sign FTSE 100 (UK) 5,745 5,767 (0.38)
that the rally may have further to run. The S&P 500 rose 3% this week, as investors were reassured DAX (Germany) 6,948 6,958 (0.15)
by signs the economy is stabilizing and have taken a more optimistic view of Europe's debt crisis. Nikkei 225 (Tokyo) 10,178 10,169 0.09
This has helped push the S&P 500 close to a new two-year high. The Dow Jones industrial average Hang Seng (Hong Kong) 23,320 23,448 (0.54)
rose 19.68 points, or 0.17%, to end at 11,382. The Standard & Poor's 500 Index added 3.18 points, Shanghai Comp (China) 2,842 2,844 (0.07)
or 0.27%, to 1,225. The Nasdaq Composite Index gained 12.11 points, or 0.48%, to close at 2,592. KOSPI (South Korea) 1,957 1,950 0.36
STI (Singapore) 3,172 3,198 (0.80)
Asian Markets are trading on a mixed note. The Nikkei is down by 0.15% & the Hang Seng is up by MSCI Emerging Market 425 422 0.71
0.8% MSCI Frontier Market 576 575 0.17
CORPORATE/ ECONOMY NEWS BOND MARKETS 03-Dec 02-Dec Change
Riding a turnaround in Indian aviation, Jet Airways— the country’s largest airline by market share 10yr G-Sec Yield 7.96 7.98 (0.02)
— plans to expand to other European destinations, after launching its daily Delhi-Milan direct 1yr G-Sec Yield 7.27 7.27 0.00
flight on Sunday. LIBOR (6m) 0.45 0.45 0.00
LIBOR (1m) 0.26 0.26 0.00
Anglo-Swedish drugmaker Astrazeneca said that it had been subject to unannounced Interbank Call rate 6.6 6.4 0.24
inspections by European antitrust regulators investigating its top-selling heartburn drug Nexium.
BSE Turnover Rs Cr('000) Sensex
Anil Ambani Group firm Reliance Communications said its R-World, will be powered by mobile 20200 7.0
data services and solutions provider, Motricity, which will deliver complete mobile Internet and 6.0
data services. 20000
19800 5.0
Hinduja group flagship company Ashok Leyland reported a 179 per cent rise in exports for 4.0
19600
November, selling 1,252 units during the period. It had sold 449 units during the corresponding 3.0
period last year. 19400 2.0
19200 1.0
Dalmia Bharat Enterprises will invest Rs 2,500 crore to set up two cement plants of 2.5 million 19000 0.0
tonnes each in about two-and-a-half years.
29-Nov 30-Nov 1-Dec 2-Dec 3-Dec
Strengthening its portfolio in personal and household care segment, FMCG major Godrej
Consumer Products said that it has acquired 'Swastik' and 'Genteel' brands for an undisclosed
amount. NSE Turnover Rs Cr('000) Nifty
6050 25
Infrastructure major Larsen & Toubro (L&T) said its construction division has bagged a Rs 716 6000
crore order from Abu Dhabi for construction of Sheikh Khalifa Interchange. 20
5950
5900 15
Auto major Mahindra and Mahindra said it will launch two SUV models — Kornado and Rexton 5850 10
— from its Ssangyong Motor Company Limited (SYMC) portfolio by next year. 5800
5
5750
UK’s Cairn Energy has reluctantly acquiesced to the government’s view that prior consent is 5700 0
required for the sale of a majority stake in its Indian subsidiary to Vedanta Resources , but still
29-Nov 30-Nov 1-Dec 2-Dec 3-Dec
maintains that partner Oil and Natural Gas Corp’s (ONGC) nod is not required.
`
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

2. Volume: 1 | Issue: 411| December 6, 2010
CORPORATE NEWS SECTOR 03-Dec 02-Dec % Change
Agri machinery maker Mahindra & Mahindra announced a tie-up with Italy based farm IT 6,231 6,190 0.66
equipment company Maschio-Gaspardo S.p.A for getting supply of a complete range of rotary Auto 10,292 10,261 0.30
tillage equipment. Teck 3,772 3,761 0.29
FMCG 3,597 3,591 0.16
Anil Agarwal-promoted Vedanta Resources has completed the acquisition of the Skorpion Zinc Capital Goods 15,427 15,449 (0.15)
Mine in Namibia from Anglo American plc for about $707 million. Healthcare 6,706 6,718 (0.17)
Oil&Gas 10,325 10,360 (0.34)
India's Sterlite Industries has acquired a zinc mine in Namibia from Anglo American Plc for a PSU 9,589 9,644 (0.56)
cash consideration of about $707 million. Power 2,917 2,938 (0.74)
Bankex 14,066 14,194 (0.90)
Unfazed by controversy surrounding its housing finance arm, country's largest insurer Life Metal 16,190 16,395 (1.25)
Insurance Corporation (LIC) plans to pump in about Rs 61,000 crore in the equity market during Consumer Durables 6,386 6,627 (3.63)
this fiscal Realty 2,951 3,084 (4.29)
Delays in environment clearances to Coal India projects may result in loss of about 190 million
tonnes output valued at about Rs 18,800 crore, to the country's largest miner by March 2012.
Homegrown FMCG firm Dabur India said it was giving its juice brand 'Real' an image makeover
as part of its strategy to garner a sales of Rs 700 crore from its food division in the next three BSE Upper Circuit Breakers
years. Company Name 03-Dec 02-Dec % Change
Ensa Steel 18.5 15.4 20.00
State-run Shipping Corporation of India (SCI) is looking to spend around $3 billion on Modipon 22.0 20.0 10.00
expansion activities over the next three years. Ishita Drugs 60.9 58.0 5.00
0 New Horizon 119.7 114.0 5.00
With the infrastructure sector gaining momentum on the back of an economic revival, steel
Energy Dev 54.7 52.1 5.00
majors are looking to cash-in on the opportunity by revamping retail outlets in the country.
Companies such as Essar Steel, Ispat Industries and JSW Steel plan to ramp up their outlets
and are eyeing at least 30-35 per cent growth through retail sales in the next two years.
Ganesh Polytex Ltd (GPL) has earmarked Rs 125 crore for funding its ambitious organic growth
plans over the next one year. The plan involves setting up greenfield plastic recycling projects
with the capacity to covert 15,000 tonnes per annum of waste into partially oriented yarn (POY) BSE Lower Circuit Breakers
and texturised yarn. Company Name 03-Dec 02-Dec % Change
Money Matters 265.8 279.8 (5.00)
Peekay Mediequip, the maker of SEPNIL brand of disposable syringes, is targeting Rs 125 crore Mansi Finance 33.3 35.1 (5.00)
in 2011-12 on the back of its expansion plans that include bringing out new products. Binny 168.9 177.7 (5.00)
BGIL Films 9.2 9.7 (5.00)
DLF Ltd has sold 150 plots for more than Rs 5bn, in a township project at Gurgaon. Sampada Chemicals 356.3 375.0 (5.00)
Tractor maker HMT ventured into the four-wheel drive market by unveiling three new tractors
here at the CII Agro Tech 2010 fair.
Diversified business firm Videocon Industries said it will raise $200 million (around Rs 902 crore)
through issue of unsecured convertible bonds to fund its expansion plans.
Oil and Natural Gas Corporation (ONGC) is hoping to sign a contract for Kazakhstan's Satpayev
oil field next week but last minute glitches may delay the agreement that has been under
discussion for almost two years now.
COMMODITY / CURRENCY NEWS COMMODITY 03-Dec 02-Dec % Change
Crude Oil (USD/bbl) 89.4 87.1 2.65
Gold (Rs/10gm) 20,800.0 20,520.0 1.36
Crude oil closed up by 2.65% at $89.4 per barrel. Gold closed up by 1.36% at Rs 20,800and Silver
Silver (Rs/kg) 44,460.0 43,775.0 1.56
closed up by 1.56 % at Rs. 444600.
CURRENCY 03-Dec 02-Dec % Change
The Indian Rupee closed higher against the dollar at 45.10 as the Indian equity benchmarks ended
INR / USD 45.10 45.27 (0.38)
on a negative note.
USD / Euro 1.30 1.30 -
Yen / USD 82.54 83.55 (1.21)
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: 411| December 6, 2010
ECONOMY / POLICY NEWS FUTURES PREMIUM/DISC Cash Futures P/D%
India's service sector output touched a four-month high in November on the back Moserbaer 57.4 58.2 1.31
of strong trend in new order inflows. Glaxo 2163.8 2188.95 1.16
Indian Bulls 290.9 294.05 1.10
The road transport ministry has agreed to pay a heavy price to stop truckers from Pantaloon Retail 422.8 427.15 1.03
going on a strike by announcing a cut in toll rates for three-axle trucks by Rs 1 to Rs 3Iinfotech 58.1 58.65 0.95
2.40 per km. The All India Motor Transport Congress (AIMTC) has withdrawan the Jisljaleqs 241.2 243.45 0.93
planned strike from Decemer 5. SCI 146.9 145.0 (1.29)
ONGC 1314.0 1303.6 (0.79)
Reserve Bank of India (RBI) said that it was working on the modalities to ease the PNB 1271.0 1265.1 (0.46)
provision coverage ratio (PCR) norms in order to release a huge amount of capital Gail 491.7 490.2 (0.31)
into the system. Colpal 884.7 882.5 (0.25)
Nationalum 373.3 372.6 (0.19)
INSTITUTIONAL ACTIVITY (Rs Cr) 16-Nov 15-Nov YTD
FII Cash Net (17) (17) 1,26,561
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
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
Hero Honda 1832.45 2.47 Manappuram Gen 161.25 4.1 Cals Ref 0.53 8.16
Cipla 370.45 1.76 Shree Renuka Sug 91.15 2.42 Entertainment Netw 238.95 6.2
Jindal Steel 679.65 1.53 HMT 74.4 2.41 Avance Tech 7.59 4.98
Mahindra & Mahindra 798.75 1.19 Jet Air India 828.7 2.25 Empower Inds 7.17 4.98
Hindustan Unilever 299.4 1.1 Jyothy Lab 275.6 2.15 Carol Info 97.25 4.8
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
DLF 306.55 -4.53 WELCORP 160.3 -26.84 GSS America 272.85 -19.99
Reliance Infra 836.7 -4.29 Ackruti City 307.9 -19.99 Parekh Alum 412.2 -19.99
Jaiprakash Asso 107.6 -4.27 KS Oils 41.8 -13.37 Murli Inds 70.85 -19.94
Sterlite Inds 165.65 -2.39 Videocon Inds 204 -12.35 MSK Projects 89.6 -19.61
Reliance Comm 139.5 -1.62 MVL 22.1 -9.98 Karuturi Glob 24.25 -18.76
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