The Indian equity markets ended lower after India's industrial production growth slowed sharply to 5.6% in August from 15.2% in July. Sentiment was hurt by weak European markets and most Asian markets declining as well. The BSE Sensex fell 137 points and the NSE Nifty fell 45 points. Most sector indices also declined with capital goods, metals, and realty stocks falling the most. Globally, US stocks recovered from early losses to close higher after Fed meeting minutes suggested more support for the economy. Asian stocks were higher on hopes of further Fed support. Key corporate news included Tata Motors successfully raising $750 million and Exide Industries reporting a 9.4% rise in net profit for the second quarter

1. Volume: 1 | Issue: 376| October 13, 2010
COMMENTARY INDIAN MARKET 12-Oct 11-Oct % Change
INDIA BSE Sensex 20,203 20,340 (0.67)
The Indian equity markets ended in the red after India's IIP expanded at a sharply slower pace in NSE Nifty 6,091 6,136 (0.73)
August after surging in the previous month. India's IIP grew by just 5.6% in August 2010 after BSE Midcap 8,354 8,396 (0.51)
expanding by an impressive 15.2% in July. Sentiment was further hit after the European markets BSE Smallcap 10,649 10,649 (0.00)
opened weak note and most Asian markets slid, barring China. Realty stocks continued bore the Nifty Junior 13,072 13,210 (1.05)
brunt of the sell-off. Capital Goods stocks were also under pressure after poor IIP data and Metals CNX Midcap 9,398 9,467 (0.73)
stocks also lost their shine. The BSE Sensex slipped 137 points to close at 20,203. The NSE Nifty
lost 45 points to close at 6,091.The broader indices ended mixed, the BSE Mid-Cap index ended
down by 0.51 % and BSE Small-Cap index ended flat. GLOBAL MARKETS 12-Oct 11-Oct % Change
Dow Jones Ind (USA) 11,020 11,010 0.09
Of the total 3096 stocks traded,1796 stocks declined while 1155 advanced. Nasdaq Composite(USA) 2,418 2,403 0.64
S&P 500 (USA) 1,170 1,167 0.22
GLOBAL MARKETS FTSE 100 (UK) 5,667 5,672 (0.09)
US Stocks recovered from earlier losses to close higher Tuesday after meeting minutes suggested DAX (Germany) 6,304 6,310 (0.09)
the Federal Reserve will act soon to provide additional support for the economy. The Dow Jones Nikkei 225 (Tokyo) 9,389 9,589 (2.09)
industrial rose 10 points, or 0.1%, after falling more than 70 points earlier in the session. The S&P Hang Seng (Hong Kong) 23,122 23,207 (0.37)
500 gained 4 points, or 0.4%. The Nasdaq added 15 points, or 0.6%.
Shanghai Comp (China) 2,841 2,807 1.23
KOSPI (South Korea) 1,868 1,890 (1.16)
Asian stocks are trading higher on intention of the Fed to support the US Economy further,
STI (Singapore) 3,149 3,163 (0.44)
pushing the Nikkei higher by 1.1% and the Hang Seng by 0.7%
MSCI Emerging Market 416 419 (0.79)
MSCI Frontier Market 571 571 0.06
CORPORATE/ ECONOMY NEWS BOND MARKETS 12-Oct 11-Oct Change
Goa Carbon Ltd. (GCL) has declared results for the second quarter ended September 30, 2010. 10yr G-Sec Yield 8.03 8.06 (0.03)
A Dempo group company, GCL is the second largest manufacturer of Calcined Petroleum Coke 1yr G-Sec Yield 6.85 6.85 0.00
(CPC) in the country. Its Q2 FY11 sales stood at Rs. 630.9mn as compared to Rs. 817.3mn LIBOR (6m) 0.46 0.46 0.00
recorded in the corresponding quarter of the previous year Q2 FY11 net profit at Rs. 27.82mn as LIBOR (1m) 0.26 0.26 0.00
compared to a loss of Rs. 51mn recorded in the corresponding quarter of the previous year. Interbank Call rate 6.2 6.2 0.02
Tata Teleservices Limited, has added 2.14 million new subscribers (wireless and wireline) in
BSE Turnover Rs Cr('000) Sensex
the month of September 2010 to cross the 80-million-subscribers’ milestone in a short span of 20600 8.0
just over five-and-a-half years since the launch of its mobile telephony services in early 2005. 7.0
The company closed the month of September with a total of 80,306,495 subscribers. 20500
6.0
20400 5.0
Moser Baer, a cutting edge tech-manufacturer, has signed a Memorandum of Understanding
20300 4.0
with the Indian Institute of Technology Kanpur to institute a research & development
20200 3.0
programme in advanced clean energy technologies.
2.0
20100 1.0
Magma Fincorp has announced a strong all round performance in their Q2 results for FY 11.
20000 0.0
The company registered Profit before Tax (PBT) of Rs. 394.8mn and Profit after Tax (PAT)
6-Oct 7-Oct 8-Oct 11-Oct 12-Oct
of Rs. 263.6mn, an increase of 64% and 67% respectively over the corresponding quarter last
year.
Confidence Petroleum India Ltd has been awarded a prestigious turnkey contract
NSE Turnover Rs Cr('000) Nifty
worth Rs. 82.5mn by Steel Authority of India (SAIL) for putting Mounded Propane Tankage, 6200 25
Pipeline, Fire Fighting & Automation work at Bokaro. 6180
6160 20
Jay Shree Tea & Industries Ltd. reported its plan, to raise funds for expansion/ acquisition in 6140 15
foreign currency through issue of GDRs and / or ADRs, convertible into Equity Shares, QIP, 6120
FCCBs or Warrants convertible into depository receipts with underlying Equity Shares / Equity 6100 10
Shares. 6080 5
6060
6040 0
6-Oct 7-Oct 8-Oct 11-Oct 12-Oct
`
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: 376 | October 13, 2010
CORPORATE NEWS SECTOR 12-Oct 11-Oct % Change
Tata Motors has reported that its share issue aggregating $750 million (Rs 3,351 crore) has been IT 6,059 6,045 0.22
successfully completed. Healthcare 6,336 6,324 0.18
Teck 3,748 3,745 0.10
Sun TV Chief Kalanithi Maran and his firm KAL Airways have bought 7.42 per cent equity in Auto 9,878 9,888 (0.10)
SpiceJet for Rs 135.10 crore. This is as part of the deal entered in June to acquire 37.7 per cent Bankex 14,166 14,220 (0.38)
stake in the low-cost carrier. This is an off-market transaction, following which Mr Maran’s direct PSU 10,468 10,553 (0.81)
stake in the airline has now increased to 25.12 per cent Oil & Gas 10,847 10,945 (0.90)
Power 3,274 3,307 (0.98)
Sparsh BPO Services, which has decided to delist from the Bombay Stock Exchange, has said FMCG 3,590 3,626 (1.01)
that its promoters will pay Rs 80 per share for acquiring 25.06 per cent stake from the Consumer Durables 6,434 6,527 (1.42)
shareholders. Metal 17,413 17,665 (1.43)
Capital Goods 15,997 16,255 (1.58)
C K Birla Group company National Engineering Industries (NEI) said that it will invest Rs 400 Realty 3,839 3,910 (1.80)
crore over the next two years to increase production capacity, which might also involve setting
up a new plant. National Engineering Industries (NEI) manufactures a range of bearings for
automotive, railway and general industrial applications under the NBC bearings brand.
The price band for Coal India’s forthcoming IPO has been fixed at Rs 225-245. According to the
Union Coal Minister Mr Sriprakash Jaiswal the government expects to raise around Rs 15,000
BSE Upper Circuit Breakers
crore.
Company Name 12-Oct 11-Oct % Change
Spanco 154.4 128.7 20.00
Lanco Infratech Ltd has reported that the company’s subsidiary Lanco Kondapalli Power Pvt Ltd,
developing 732-MW (2x366) gas-based power project in Andhra Pradesh, has received sanctions 7 Seas Technologies 106.0 88.4 20.00
for the project’s total debt requirement. The project, estimated to cost Rs 2,610 crore, would be Binani Industries 203.6 185.1 10.00
financed with a debt of Rs 1,827 crore and equity/internal accruals of Rs 783 crore. 0 Gujarat Automotive 356.2 323.8 10.00
Orissa Minerals 46987.6 44750.0 5.00
Exide Industries net profit was up 9.4 per cent to Rs 242.75 crore for the second quarter (Q2)
ending September, 2010, as against Rs 221.70 crore registered in the same period last fiscal. The
turnover during Q2 this year was Rs 1126.73 crore, up 18.56 per cent compared to the same
period last year.
Shipping Corporation of India (SCI), announced a freight rate increase on cargo moving ex- BSE Lower Circuit Breakers
Indian sub-continent to European sectors at $200/TEU with effect from November 1. Company Name 12-Oct 11-Oct % Change
Kemp & Company 258.3 271.9 (5.00)
Direct-to-Home (DTH) service provider Reliance BIG TV (RBTV) has entered into a corporate Subhkam Capital 665.1 700.0 (5.00)
alliance with electronics manufacturer MIRC Electronics Ltd, makers of the Onida brand of Pasupati Finance 12.0 12.7 (5.00)
consumer durables. Customers across the country can now avail themselves of a free Reliance Sigrun Investments 10.9 11.5 (5.00)
BIG TV connection on the purchase of Onida LED, LCD and colour television (CTV) range Oregon Commercials 180.7 190.2 (5.00)
comprising 21UltraSlim models, 21Thunder models, 29 Flat models and 29 slim models.
Private sector lender Axis Bank said that it has received approval from the Reserve Bank of India
(RBI) to set up a subsidiary in the UK, as well as permission to upgrade its Shanghai representative
office into a branch.
e-Learning solutions provider Educomp Solutions ,said that it has inked a pact with online
education firm China Distance Education Holdings Ltd (CDEL) for licensing and distribution of its
products in the People’s Republic of China.
COMMODITY / CURRENCY NEWS COMMODITY 12-Oct 11-Oct % Change
Crude Oil (USD/bbl) 82.0 81.6 0.51
Gold (Rs/10gm) 19,665.0 19,660.0 0.03
Light Sweet Crude Oil on Tuesday was up by 0.5% at $82 per barrel. Gold closed up by 0.03 %
Silver (Rs/kg) 34,819.0 34,920.0 (0.29)
at Rs 19,665 and Silver closed down by 0.29 % at Rs. 34,819.
The Indian Rupee closed lower against the dollar at 44.42 as the Indian equity benchmarks ended CURRENCY 12-Oct 11-Oct % Change
on negative note. INR / USD 44.66 44.41 0.56
USD / Euro 1.38 1.38 -
Yen / USD 81.87 82.01 (0.17)
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: 376| October 13, 2010
ECONOMY / POLICY NEWS FUTURES PREMIUM/DISC Cash Futures P/D%
Mergers and acquisitions (M&A) deal value in India has reached a record high of Mll 67.0 67.7 1.05
$44.2 billion so far this year and the outlook for the coming months looks bullish. NMDC 285.6 288.5 1.02
Pirmal Healthcare 515.4 520.3 0.95
Real estate project launches in the country are likely to see a spurt in October and Tulip Telecom 176.2 177.85 0.94
November on hopes of increased demand during the peak festive season. PTC 121.1 122.2 0.91
Sun Pharma 2090.1 2108.95 0.90
Industrial growth has slowed down to 5.6 per cent in August this year from 10.6 per Hero Honda 1878.5 1850.1 (1.51)
cent in the corresponding period last year, on the back of a 2.6 per cent contraction Bank Of Baroda 968.7 956.5 (1.26)
in the capital goods production. Ultra Tech Cement 1090.8 1085.8 (0.46)
ACC 996.3 992.0 (0.43)
Coffee exports will cross the targeted 2.1-lakh-tonne mark in the current fiscal by a
Ambuja Cement 139.6 139.2 (0.29)
wide margin, thanks to around 75 per cent jump in shipments in the first half.
Tata Motors 1156.6 1154.7 (0.17)
The government today approved a Rs 3,686 crore mega container terminal project
at Chennai Port to be built under public-private-partnership mode. INSTITUTIONAL ACTIVITY (Rs Cr) 07-Oct 06-Oct YTD
FII Cash Net 1,701 2,285 94,942
The country’s tea imports during the January-July period of the current year dipped FII Stock Futures (1,700) (1,117) (6,487)
by 15 per cent to 11.2 million kg, according to Indian Tea Association data. It had FII Index Futures 823 286 (9,159)
imported 13.17 million kg tea during the same period last year. Mutual Fund (640) (424) (24,829)
VALUATIONS P/E P/B DIV YLD
BSE 23.9 3.8 1.0
NSE 25.3 3.8 1.0
BSE500 Mcap/GDP Ratio 0.66
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
Mahindra & Mahindra 715.9 1.31 MRF 9,334.2 6.57 Spanco 154.4 19.98
Reliance Communications 186.1 1.06 Novartis India 667.6 6.51 Arshiya Intl 350.2 12.89
TCS 949.2 0.89 Mahindra & Mah Fin 718.3 5.11 Numeric Power 368.9 11.97
ICICI Bank 1,138.3 0.65 Emami 485.6 3.93 Kewal Kiran 520.3 10.26
Tata Motors 1,156.7 0.61 Unichem Lab 562.9 3.90 KPIT Cummins 176.5 10.18
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
DLF 374 -2.07 CMC 2144.40 -9.74 GMR Industries 141.1 -8.47
Hindalco Industries 211 -2.05 JM Financial 39.50 -4.47 Subhkam Capital 665.1 -4.99
Jindal Steel 715 -1.97 India Infoline 118.50 -3.66 Sigrun Holdings 10.9 -4.97
L&T 1,999 -1.94 Binani Cement 95.35 -3.64 Gallantt Metal 30.7 -4.81
Jaiprakash Associates 130 -1.93 Praj Inds 74.50 -3.5 Bhagwati Banq 170.2 -4.46
BULK DEALS
SCRIPT NAME CLIENT NAME TYPE QTY % PRICE
NSE
Raj Packaging Rajesh Sumatibhai Mehta BUY 0.99% 170.1
Networth Stock Pushpaben Gadhecha BUY 0.84% 54.0
Kinetic Motor Company Jmp Securities BUY 0.72% 47.7
Sujana Towers Satyasai Ivnestments SELL 1.08% 131.0
VIP Industries Crosseas Capital Services SELL 0.75% 680.1
BSE
Nu Tek India Trans Financial Resources BUY 2.59% 46.91
Rainbow Papers Orient Newsprint BUY 2.87% 55.6
Trigyn Technologies Chander Kanta BUY 1.35% 31.1
Xpro India Mansi Share & Stock Advisors SELL 0.61% 73.12
Southern Petro Ind Corp Asset Reconstruction Company SELL 1.20% 22.69
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