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1. Volume: 1 | Issue: 361| September 22, 2010
COMMENTARY INDIAN MARKET 21-Sep 20-Sep % Change
INDIA BSE Sensex 20,002 19,906 0.48
The benchmark Indian stock indices ended above key psychological levels as the Euphoria NSE Nifty 6,009 5,980 0.48
continued on Dalal Street. Markets extended recent gains and the upswing was led by IT, BSE Midcap 8,078 8,158 (0.98)
Telecom and Capital Goods stocks. The markets had a landmark session of trade, with the Sensex BSE Smallcap 10,176 10,314 (1.34)
surpassing the much anticipated 20,000 mark and the Nifty scaling the 6000 level for the first Nifty Junior 12,645 12,697 (0.41)
time since January 2008. The BSE benchmark ended at 20,002 higher by 96 points and the Nifty CNX Midcap 9,161 9,236 (0.81)
ended at 6009, up 29 points. The BSE Mid-Cap index was down 0.98 % and BSE Small-Cap index
was down 1.34%.
GLOBAL MARKETS 21-Sep 20-Sep % Change
The market breath was negative; Out of 3113 stocks traded on the BSE, there were 883 advancing Dow Jones Ind (USA) 10,761 10,754 0.07
stocks as against 2118 declines. Nasdaq Composite(USA) 2,349 2,356 (0.29)
S&P 500 (USA) 1,140 1,143 (0.24)
FTSE 100 (UK) 5,576 5,603 (0.48)
GLOBAL MARKETS DAX (Germany) 6,276 6,295 (0.30)
US stocks finished an afternoon of choppy trading lower as the Federal Reserve said that it was Nikkei 225 (Tokyo) 9,578 * *
prepared to take action to bolster the economic recovery but did not announce further Hang Seng (Hong Kong) 22,003 21,977 0.12
quantitative easing. The S&P 500 closed down 0.3 per cent at 1,140, the Dow Jones Industrial Shanghai Comp (China) 2,592 2,589 0.11
Average gained 0.07 per cent to close at 10,761 and the Nasdaq Composite closed 0.3 per cent KOSPI (South Korea) 1,833 1,833 0.00
lower at 2,349.
STI (Singapore) 3,095 3,081 0.47
MSCI Emerging Market 395 395 (0.02)
Asian Stocks have opened on a positive note. The Nikkei, led by financials & healthcare is up by
MSCI Frontier Market 545 545 (0.13)
0.01% while the Hang Seng is up by 0.6%
CORPORATE/ ECONOMY NEWS BOND MARKETS 21-Sep 20-Sep Change
Media firm New Delhi Television (NDTV) said that Malaysia-based Astro All Asia Networks will 10yr G-Sec Yield 7.96 7.97 (0.01)
acquire 49% stake for $40 million (about Rs. 182 crore) in its lifestyle subsidiary NDTV Lifestyle. 1yr G-Sec Yield 6.48 6.48 0.00
The balance 51% stake in the joint venture will be held by NDTV. LIBOR (6m) 0.47 0.50 (0.02)
LIBOR (1m) 0.26 0.26 (0.00)
Air-conditioning major Blue Star has bagged orders worth Rs 130-crore for air-conditioning and Interbank Call rate 6.1 6.1 (0.01)
plumbing of the new integrated Terminal Building (Terminal 2) of the Chhatrapati Shivaji
International Airport (CSIA).
BSE Turnover Rs Cr('000) Sensex
20200 5.6
Public sector power equipment giant Bharat Heavy Electricals Ltd (BHEL) has secured a Rs
2,665 crore order from Visa Power Ltd (VPL), an independent power producer, for setting up of a 20000 5.4
1,200 MW (2x600 mw) thermal power plant in Chhattisgarh. 19800 5.2
19600 5.0
Hotel Leela venture Ltd (HLVL) plans to monetize its assets in Chennai and Pune to tackle its
mounting debt burden. It plans to construct premium residential apartments in Pune where it 19400 4.8
owns around 4.5 acres of land on a joint venture basis with a leading developer in the region, 19200 4.6
would release cash upfront for HLVL. In another move, the firm plans to lease/sell commercial
19000 4.4
property at its information technology park in the city.
15-Sep 16-Sep 17-Sep 20-Sep 21-Sep
Jet Airways is planning to lease five additional A330 jets from the US-based Intrepid Aviation
Group LLC, according to a report. The report stated that long-haul jets would be taken on long-
term operating lease and would be deployed on European and South East Asian routes.
NSE Turnover Rs Cr('000) Nifty
6050 19
Omaxe Infrastructure & Construction Ltd (OICL), a wholly- owned subsidiary of Omaxe, has
6000 18
been awarded the contract from DGMAP, Ministry of Defence to construct a residential complex
5950 18
at Indore, the company said in a statement. "The project is pegged at Rs 202.72 crore & will be
5900 17
completed in 25 months.
5850 17
Bhartiya Urban, a realty joint venture between Bhartiya Group and Infrastructure Leasing 5800 16
and Financial Services (IL&FS), will invest about Rs 10,000 crore in the next ten years to 5750 16
develop a township in Bangalore. Bhartiya Group is primarily engaged in manufacturing and 5700 15
exports of leather apparel through a listed entity Bhartiya International. 15-Sep 16-Sep 17-Sep 20-Sep 21-Sep
`
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.
Website: www.fullertonsecurities.co.in

2. Volume: 1 | Issue: 361| September 22, 2010
CORPORATE NEWS SECTOR 21-Sep 20-Sep % Change
Entertainment production and distribution firm DQ Entertainment (International) Ltd said that IT 6,021 5,879 2.43
it has signed a licensing agreement for 'The Jungle Book' with a German company. DQ Teck 3,753 3,693 1.62
Entertainment has signed a broadcasting, licensing and distribution agreement for 'The Jungle Capital Goods 15,877 15,701 1.12
Book' with Universal Trends GmbH in more than 160 countries, it said in a statement. Healthcare 5,939 5,877 1.05
Power 3,188 3,174 0.44
Jeweller Gitanjali Gems Ltd has bid for brands of Italian jewellery makers DIT Group and Mariella Auto 9,407 9,397 0.11
Burani Fashion Group SPA and is looking to acquire some other Italian jewellery brands in the Bankex 13,888 13,896 (0.06)
coming months. Gitanjali, plans to spend 20-25 million Euros ($32 million) in buying the brands, PSU 10,272 10,299 (0.26)
and expect revenues of over $100 million over the next two years from these brands. Oil & Gas 10,806 10,857 (0.47)
Metal 16,605 16,700 (0.57)
Russian Natural Resources Minister said that ONGC has put in a bid for Russia's giant Arctic Trebs Consumer Durables 6,155 6,197 (0.67)
and Titov oil deposits. Realty 3,728 3,777 (1.30)
FMCG 3,638 3,688 (1.34)
Kavveri Telecom Products said that it has bagged a contract worth Rs 30 crore from one of the
telecom operators for the supply of equipment and antennas. The order is to be completed
within a year.
Northgate Technologies, engaged in Internet business, said that it will acquire 51 per cent stake
in commodity investment firm Green Fire Agri Commodities for an undisclosed amount.
BSE Upper Circuit Breakers
Company Name 21-Sep 20-Sep % Change
Schering Corporation, part of multinational Pharma company Merck & Co, and London-based
IOL Netcom 16.7 13.90 20.00
Cancer Research Technology Ltd have sued Sun Pharmaceutical for allegedly infringing patent
rights on the world's largest selling brain cancer drug, Temodar. Greycells Educations 52.8 48.00 10.00
Choice International 110.7 100.7 10.00
With arch rival Bajaj Auto gaining ground in the entry level bike segment, India’s largest two- 0 Coromandel Engeering 479.8 436.3 10.00
wheeler maker Hero Honda has acknowledged that its leadership position will come under INCA Finlease 308.1 293.4 5.00
pressure.
Tata Motors’ Jaguar and Land Rover (JLR) business will make more models on fewer platforms as
it prunes cost and simplify manufacturing lines. The company ill have four platforms instead of
nine in the next 2-3 years, thanks to new technology.
BSE Lower Circuit Breakers
Essar Steel, India’s second-largest private steelmaker by capacity, has entered into deals with Company Name 21-Sep 20-Sep % Change
private iron-ore miners from Orissa, including the Ahluwalia group and the Mesco group, for Shristi Infrfastructure 555.1 584.3 (5.00)
supplies over a 10-year period. T & I Global 13.5 14.2 (5.00)
Polyplex Corporation 726.2 764.4 (5.00)
Bharti Airtel, India’s largest mobile-phone company, forecast “rapid growth” at its satellite Unique Organics 13.0 13.6 (5.00)
television unit on rising demand in rural areas for Bollywood movies and soap operas. Neogem India 10.5 11.0 (5.00)
Wind power major Suzlon Energy said that it has bagged a Rs1,149-crore order from Kolkata-
based engineering firm Techno Electric Group. The 202 MW (megawatt)order is a part of Techno
Electric Group’s agreement with Suzlon for developing 500 MW of new capacity and is the single
largest deal signed by an Independent Power Producer (IPP) in the wind power sector.
Ranbaxy Laboratories Ltd. has won exclusive rights to sell a generic version of Eisai Co.’s
Alzheimer’s treatment.
COMMODITY / CURRENCY NEWS COMMODITY 21-Sep 20-Sep % Change
Crude Oil (USD/bbl) 73.5 74.8 (1.74)
Gold (Rs/10gm) 19,015.0 19,091.0 (0.40)
Light Sweet Crude Oil on Friday was up by 1.74% at $73.52 per barrel. Gold closed down by 0.4
Silver (Rs/kg) 31,947.0 32,146.0 (0.62)
% at Rs 19,015 and Silver closed down by 0.62% at 31,497.
The Indian Rupee closed lower against dollar by 0.26% at 45.73 as the Indian equity benchmarks CURRENCY 21-Sep 20-Sep % Change
ended on positive note. INR / USD 45.73 45.61 0.26
USD / Euro 1.33 1.31 1.54
Yen / USD 84.93 85.60 (0.78)
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 and services provided herein.

3. Volume: 1 | Issue: 361| September 22, 2010
ECONOMY / POLICY NEWS FUTURES PREMIUM/DISC Cash Futures P/D%
A meeting between state finance ministers and representatives of the Union DivislLaboratories 708.1 716.2 1.14
government failed to break a deadlock over constitutional amendments required to Tulip Telecom 171.0 172.3 0.76
usher in the goods and services tax (GST) regime. Tech Mahindra 727.8 733.15 0.74
United Phosphorus 186.8 188.15 0.72
The Planning Commission has said growth in the agriculture sector this fiscal would Patni Computers 451.4 454.65 0.72
be as high as 5-6 per cent, which would help the economy to surge by 8.5 per cent Hexaware 76.6 77.15 0.72
as projected by it earlier. Hero Honda 1809.1 1770.8 (2.11)
Moserbaer 66.6 66.3 (0.53)
India's GDP is expected to grow at 9.2 per cent in FY11 on the back of spurt in M&M 685.3 682.1 (0.47)
economic activities, Centre of Monitoring Indian Economy (CMIE) said in its monthly
Sterlite 172.3 171.5 (0.46)
review.
Reliance Capital 836.5 833.1 (0.41)
Looking to boost farming sector growth by more than four per cent, the Indian ICICI Bank 1127.2 1122.7 (0.39)
Council of Agricultural Research has chalked out a Rs 2,300-crore programme on
various projects, including research. INSTITUTIONAL ACTIVITY (Rs Cr) 15-Sep 14-Sep YTD
FII Cash Net 2,630 1,723 66,830
FII Stock Futures (160) (673) 1,435
FII Index Futures 63 1,625 (3,907)
Mutual Fund (487) (668) (16,585)
VALUATIONS P/E P/B DIV YLD
BSE 23.7 3.8 1.1
NSE 25.4 3.9 1.0
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 %
TCS 952.8 4.63 Kwality Dairy 97.6 4.22 Dunlop India 87.9 11.70
Wipro 435.1 3.41 CMC 1,885.7 4.05 Splash Media 83.3 9.97
Tata Power 1,302.0 3.00 IBN18 Broad 123.1 3.93 Delta Corp 76.8 9.96
Tata Motors 1,077.4 2.01 Marico 131.1 3.88 Shri Lakshmi 164.3 6.93
HDFC 720.0 1.86 JM Financial 36.5 3.85 Maharashtra Poly 138.7 6.53
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
ITC 172.8 -2.18 Redington India 85.2 -6.06 Entegra 28.9 -6.62
Jaiprakash Asso 123.1 -1.36 TVS Motor 71.9 -5.65 Sujana Metal 21.2 -6.62
DLF 358.8 -1.32 Sigrun Holdings 12.5 -4.95 Sanghi Inds 27.6 -6.12
Reliance Infra 1,073.5 -1.28 IL&FS TRANS 329.9 -4.63 Gallantt Metal 35.6 -6.07
Jindal Steel 703.5 -1.20 Indraprastha Gas 313.2 -4.25 Vipul 21.8 -5.84
BULK DEALS
SCRIPT NAME CLIENT NAME TYPE QTY % PRICE
NSE
Aegis Logistics Ltd Sundeep Credits BUY 0.78% 334.6
Bharat Gears Ltd Ajay asset Management BUY 1.38% 76.8
V-Guard Industries Limite Sundaram BNP Paribas Smile Fund BUY 0.52% 195.0
Swaraj Mazda Ltd Leasemen Fin-Invest SELL 0.69% 311.2
SEL Manufacturing Company Akash Securities SELL 2.31% 44.5
BSE
Aishwarya Telecom Vipul H Shah BUY 0.89% 33.68
Crew Bos OPG Securities BUY 0.35% 182.4
Visisth Merc Yes Investments BUY 1.00% 210.0
Mahindra & Mah Fin Dali Limited SELL 1.32% 650.05
Raj Packaging Darsan Kumar Pahwa SELL 0.55% 120.4
7
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