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1. COMMENTARY INDIAN MARKET 5-Nov 4-Nov % Change
BSE Sensex 21,005 20,894 0.53
NSE Nifty 6,312 6,281 0.49
BSE Midcap 8,679 8,603 0.88
BSE Smallcap 11,044 10,880 1.51
Nifty Junior 13,504 13,457 0.35
CNX Midcap 3,218 3,207 0.34
GLOBAL MARKETS 5-Nov 4-Nov % Change
Dow Jones Ind (USA) 11,444 11,434 0.09
Nasdaq Composite(USA) 2,579 2,577 0.08
S&P 500 (USA) 1,226 1,221 0.41
FTSE 100 (UK) 5,875 5,863 0.20
DAX (Germany) 6,754 6,735 0.28
9,626 9,359 2.85
24,877 24,536 1.39
Shanghai Comp (China) 3,130 3,088 1.36
KOSPI (South Korea) 1,939 1,942 (0.18)
STI (Singapore) 3,240 3,215 0.78
MSCI Emerging Market 586 586 (0.13)
MSCI Frontier Market 438 438 0.00
CORPORATE/ ECONOMY NEWS BOND MARKETS 4-Nov 3-Nov Change
10yr G-Sec Yield
Nikkei 225 (Tokyo)
Hang Seng (Hong Kong)
Volume: 1 | Issue: 392| November 8, 2010
INDIA
Investors could not have asked for a better start to Samvat 2067. The Sensex closed above the
psychological mark of 21,000 for the first time ever, as investors placed token trades for an
auspicious start to the new year. The undertone in the 90-minute Muhurat session was clearly
bullish. The Sensex ended the special trading session at 21,005, gaining 111.39 points or 0.53 per
cent. The broader 50-share Nifty of the National Stock Exchange (NSE) breached the 6,300-mark to
close at an all-time high of 6,312.45, up 0.49 per cent.
Market breadth was positive. 2273 stocks advanced, 527 declined while 87 remained unchanged.
GLOBAL MARKETS
U.S. stocks wavered Friday but ended with slight gains, as investors digested a strong jobs report at
the end of a week full of big economic news. All three major indexes closed at fresh two-year highs
and the Dow and S&P logged their biggest weekly gains in more than two months. The Dow Jones
industrial average added 9 points, or 0.1%, to end at 11,444. The S&P 500 rose 5 points, or 0.4%, to
1,226. & tech-heavy Nasdaq added 2 points, or 0.1%, and finished the week up 2.9%, at 2,579.
The Asian Markets have opened on a strong positive note.Nikkei 225 is up by 0.90 % at
9711.95.Straits Times is up by 0.83 % at 24,877 .
10yr G-Sec Yield 8.09 8.09 (0.00)
1yr G-Sec Yield 7.07 7.07 0.00
LIBOR (6m) 0.44 0.44 (0.00)
LIBOR (1m) 0.25 0.25 (0.00)
Interbank Call rate 7.0 7.0 0.00
`
0
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5850
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29-Oct 1-Nov 2-Nov 3-Nov 4-Nov
NSE Turnover Rs Cr('000) Nifty
0.0
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29-Oct 1-Nov 2-Nov 3-Nov 4-Nov
BSE Turnover Rs Cr('000) Sensex
Honeywell International expects sales in India to grow at about 15 per cent annually over the
next five years, as a surging economy drives demand for industrial automation as well as
aerospace and security systems. The diversified US manufacturer expects India sales this year to
rise to about $600 million, from $500 million last year.
Power Grid Corporation of India Ltd (PGCIL) has lined up a total estimated fund expenditure of
Rs 22,649.39 crore to meet the capital requirements for the implementation of 12 identified
projects.
Cairn Energy has told Oil and Natural Gas Corp (ONGC) that its decision to sell majority stake in
its Indian unit to Vedanta Resources does not trigger the state-owned firm’s pre-emption rights.
ICICI Venture, ICICI Bank's private equity arm, has sold its 85% stake in biotech firm RFCL to
Avantor Performance Materials Holdings for US$100mn.
Walchandnagar Industries Ltd has entered Into a Collaboration Agreement with Kawasaki Heavy
Industries Ltd, Japan for the sale and manufacture of Flow Dynamic Conveyor (FDC) in India. FDC
is a technically advanced Product, used for conveying bulk materials in environmentally protected
areas, as well as, earning carbon credits.
Jindal Poly Films Ltd has announced about its decision to invest upto Rs.6.6bn (including already
invested) in the equity shares in Jindal India Powertech Ltd, which is a holding company of Jindal
India Thermal Power Ltd. This entire investment will be at par. After the proposed investments
Jindal Poly Films will hold a majority stake of 73.73% in Jindal India Powertech Ltd.
Polyplex Corporation's net profit jumped 486.4% to Rs. 121.74 crore on 108.6% gowth in
operating income to Rs. 605.69 crore in Q2 September 2010 over Q2 September 2009.
Bajaj Auto Ltd, country's second largest two-wheeler maker by sales, has increased its stake in
European bike maker KTM Power Sports AG. The KTM models will be launched in India during the
second half of next year, it added.
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 thereforeyou 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
futureperformance. 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. CORPORATE NEWS SECTOR 5-Nov 4-Nov % Change
Healthcare 6,705 6,630 1.13
Auto 10,330 10,241 0.87
Bankex 15,066 14,961 0.70
PSU 10,574 10,502 0.69
Realty 3,743 3,720 0.61
Consumer Durables 6,988 6,946 0.60
Metal 17,562 17,468 0.54
Power 3,201 3,186 0.48
Teck 3,803 3,785 0.47
FMCG 3,716 3,699 0.46
IT 6,200 6,180 0.33
Oil&Gas 11,183 11,148 0.31
Capital Goods 16,702 16,673 0.17
BSE Upper Circuit Breakers
Company Name 5-Nov 4-Nov % Change
100.9 84.1 20.00
114.1 95.1 20.00
544.7 495.2 10.00
0 9.9 9.0 10.00
Gokak Textiles
VAS Infra
Gujurat Auto
Phyto Chem
Volume: 1 | Issue: 392| November 8, 2010
The country's largest lender, State Bank of India, and mortgage company Housing
Development Finance Corp. Ltd (HDFC) said they will review their schemes with teaser rates
when they come to end-in December and November, respectively. At least two lenders-
Corporation Bank and LIC Housing Finance Ltd-are not keen to continue with their so-called
teaser loans and may even considerterminatingthem before schedule.
State Bank of Mysore has revised the BASE RATE upwards by 25 bps from 7.75 % p.a. to 8.00 %
p.a. with effect from November01, 2010.
PVR's Consolidated operating revenue increased 46% over the same period last year to Rs.135
crore. PVR derived almost four-fifth of this revenue from the movie exhibition business, which
increased by 22% driven by an increase in average ticket prices and higher footfalls. But the main
fillip came from the movie production and distribution business, which posted revenue of Rs.29
crore compared with Rs.1.2 crore last year.
Confidence Petroleum India Ltd has signed global JV for Gas Meters with Zhejiang Chint
Instrument& Meter Co. Ltd, China.
Engineers India Ltd has posted a net profit of Rs. 1199.404 mn for the quarter ended September
30, 2010 as compared to Rs. 1053.667 mn for the quarter ended September 30, 2009. Total Income
has increased from Rs. 5276.049 million for the quarter ended September 30, 2009 to Rs. 6284.767
mn for the quarter ended September 30, 2010.
Orchid Chemicals & Pharmaceuticals Ltd. (Orchid) announced that it has redeemed the
outstanding Foreign Currency Convertible Bonds (FCCBs), including yield-to-maturity, aggregating
to US$25.69 million (Rs 114.10 crore) on the due date, November 03, 2010. These bonds were 0 9.9 9.0 10.00
75377.5 71788.1 5.00
BSE Lower Circuit Breakers
Company Name 5-Nov 4-Nov % Change
53.3 56.1 (5.00)
77.1 81.1 (5.00)
32.5 34.1 (5.00)
151.0 158.9 (5.00)
255.6 269.0 (5.00)
COMMODITY / CURRENCY NEWS COMMODITY 5-Nov 4-Nov % Change
Crude Oil (USD/bbl) 86.9 86.1 0.91
Gold (Rs/10gm) 19,776.0 19,462.0 1.61
Silver (Rs/kg) 39,390.0 36,567.0 7.72
CURRENCY 4-Nov 3-Nov % Change
INR / USD 44.21 44.35 (0.32)
USD / Euro 1.40 1.40 (0.24)
Yen / USD 81.25 80.90 0.43
Marathawada Refractories
OMDC
Ishita Drugs
Mayur Leather
Phyto Chem
Mansi Finance
Bedmutha Industries
Light Sweet Crude Oil on Friday was up by 1.0% at $86.9 per barrel. Gold closed up by 1.6% at Rs
19,776 and Silver closed up by 7.7 % at Rs. 39,390.
The Indian Rupee closed higher against the dollar at 44.21 as the Indian equity benchmarks ended
on a negative note.
Disclaimer:This document is compiledby Epitome Global Services Private Limited exclusivelyfor FullertonSecurities& WealthAdvisors Ltd (FSWA) customers. This document is not for public distributionand has been
furnishedto you solely for your informationand you are notifiedthat you shouldnot further copy, modify, use or distribute the informationin any way unless you obtain written consent from FSWA. While reasonablecare to
compile the documentbut the accuracy and completenesscannot be guaranteedeitherby FSWA or any other person or entity associatedwith it. The documentis prepared only for your informationand is not sufficient for
makingan investmentdecision.You shouldrely on your own investigationsand seek professionaladvice for investmentdecision.NeitherFSWA nor any person connectedwith it, accepts any liabilityeitherarising from the use
of this document or due to any inadvertenterror in the informationcontainedin this document.Financialinvestmentscarry risks includingprincipal risk and therefore you should seek professionaladvice prior to makingany
investmentdecision.The risk of any losses occurring by use of this report or document will be entirelyyours. The investmentscovered in this report are not guaranteed.Also past performance of an investmentor fund is not an
to US$25.69 million (Rs 114.10 crore) on the due date, November 03, 2010. These bonds were
issued in November2005.
KEC International Ltd's September quarter saw a robust order book build-up at Rs. 7,025 crore-
25% higher than the June quarter. Of this, around Rs. 580 crore came through its recent acquisition
of US-based SAE Towers Holdings Llc. the management guided strong inflows during the next two
quarters driven by Power Grid Corp. of India Ltd and NTPC Ltd. But, the 14.3% year-on-year (y-o-
y) and 18.2% quarter-on-quarter(q-o-q) growth in revenue to Rs. 1,000.7 crore was just in line with
consensus estimates. The firm's operating profit too grew 11.4% y-o-y and 18.4% q-o-q to about Rs.
11 crore.
Vijay Shanthi Builders Ltd has announced that the High Court of Madras on November 01, 2010
has approved the scheme of amalgamation of High End Homes Pvt. Ltd. an unlisted Company
(Transferor) withVijay Shanthi Builders Ltd. (Transferee) as approved by the members inthe court .
GTL Infrastructure is planning to raise up to US$800 mn, or Rs. 35bn, by issuing fresh shares and
through the sale of treasury stock,according to a report.The report stated that the funds will most
likelybe used to reduce the Rs. 90bn debt on the company’s books.
The Export-Import Bank (Ex-Im) of the US will offer loans up to $5 billion to Reliance
Power(RPower), part of the Anil Dhirubhai Ambani Group , to help the Indian company purchase
US goods and services for various power plants.
Engineering and construction firm Larsen & Toubro is bidding for an Oman refinery
expansioncontract estimated at $300 million
investmentdecision.The risk of any losses occurring by use of this report or document will be entirelyyours. The investmentscovered in this report are not guaranteed.Also past performance of an investmentor fund is not an
indicationof future performance. FSWA, its affiliates,or associates,or any regulatoryor other body or entityassumes no liabilityor responsibilityfor investmentresultsor losses arisingout of investmentdecisionsmade by you.
This document is not to be consideredas an offer to sell or a solicitationto buy any security or financial product. FSWA reserves the right to modify or alterthe terms and conditionsof the use of this service or
discontinue,temporarilyor permanently,the informationand services provided (or any part thereof) at any time, with or withoutprior notice and FSWA shall not be liable to you for any suspension,modification,or termination
of the informationand services providedherein.

3. ECONOMY / POLICY NEWS FUTURES PREMIUM/DISC Cash Futures P/D%
CoreProject 286.2 292.0 2.01
KS Oils 57.0 57.8 1.49
MRF 9304.6 9438.55 1.44
Bata India 336.2 340.9 1.41
Nagarjuna Fertilizers 33.8 34.25 1.33
Ruchisoya 132.1 133.85 1.32
Hero Honda 1865.3 1824.3 (2.20)
Ambuja Cement 140.1 138.2 (1.39)
Maruti 1551.6 1536.1 (1.00)
Rolta 167.3 165.8 (0.90)
HUL 294.7 293.0 (0.58)
ABB 822.2 817.5 (0.57)
INSTITUTIONAL ACTIVITY (Rs Cr) 27-Oct 26-Oct YTD
FII Cash Net (558) 98 107,709
FII Stock Futures (472) (853) (14,407)
FII Index Futures (372) (135) (9,649)
Mutual Fund (376) (344) 28,435
VALUATIONS P/E P/B DIV YLD
BSE 23.3 3.8 1.0
NSE 25.3 3.9 1.0
BSE500 Mcap/GDP Ratio 0.67
MOVERS & SHAKERS
Volume: 1 | Issue: 392| November 8, 2010
inflation for the Primary Articles group stood at 15.43% during the week ended
Oct. 23 as against 16.62% during the previous week. Inflation for the Food Articles
group stood at 12.85% in the week ended October 23, lower that the previous week's
annual rise of 13.75%.
The food and consumer affairs ministry feels suggestions from states are needed for any
decision on allowing foreign direct investment (FDI) in multi-brand retail. DIPP was in
favour of moving forward on the idea. In a recently-held meeting of state food
secretaries, the food ministry distributed the terms of reference for getting their views
on the DIPP draft.
As the Centre expects a significant reduction in fiscal deficit this year, experts cautioned
the celebration could be short-lived unless sustained initiatives were taken to reduce
government expenditure or find newer sources of revenue. While revenues from auction
of telecom (3G) spectrum and response to the partial disinvestment of public sector
giant Coal India shares will help the government raise non-tax one-time revenues this
year, it may not be possible to do the same in the future, they feel.
India's economy could grow at 9 per cent over the next five to six years, Montek
Singh Ahluwalia, deputy chairman of India's Planning Commission, said .He also said
India's current account deficit could be a "little below" 3 per cent of gross domestic
product in the current fiscal year ending in March 2011.
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Rs %
Jaiprakash Asso 133.85 4.37 Dish TV India 69.5 5.46 Delta Corp 117.6 16.26
Hindalco Inds 232.45 2.72 Shriram City Uni 704 4.28 Nitin Fire 88.85 13.62
Mahindra & Mahindra 790.85 1.69 Onmobile Global 341.85 4.11 Parekh Alum 565.85 11.61
SBI 3489.55 1.59 Anant Raj Inds 138.3 4.1 Empower Inds 7.66 9.9
Hindustan Unilever 302.35 1.31 City Union Bank 50.9 4.09 Sujana Metal 43.7 9.39
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Rs %
Jindal Steel 715.4 0.49 AIA Engineering 437 -1.86 Intra Infotech 29.75 -9.85
Tata Power 1390 0.36 Sadbhav Engr 1416 -1.67 Borosil Glass 661 -6.41
L&T 2170.6 0.03 Nava Bharat Vent 351.35 -1.25 Well Pack Papers 39.1 -4.98
Whirlpool 303.8 -1.17 Maharashtra Elek 346 -4.97
Alfa Laval 1374.1 -1.03 Maharashtra Poly 140 -4.14
SCRIPT NAME CLIENT NAME TYPE QTY % PRICE
Accel Trans Porinjuv Veliyath BUY 2.30% 31.2
Mangalore Chemicals & Fer Transglobal Securities Ltd. BUY 1.23% 45.5
SEL Manufacturing Company Radha Krishan Garg SELL 0.65% 41.3
Neuland Laboratories Ltd Anmol Finpro Pvt Ltd SELL 50.00% 140.7
Tulsi Extrusions Vora Bhavik Prafulchandra SELL 0.97% 58.5
Birla Shloka Indravarun Trade Impex BUY 1.88% 38.72
Bilpower SPJ Stock Brokers BUY 0.76% 197.7
Shiva Cement Ganesh Sarjulal Gupta BUY 1.24% 11.0
Ballarpur Inds Neha Khandelwal SELL 0.91% 2.35
Quintegra Sol Shailendra Kumar Komatreddy SELL 1.72% 16.12
MOVERS & SHAKERS
Name
Name
BSE
BULK DEALS
NSE
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 anypermanently, 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.