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1. Volume: 1 | Issue: 417| December 13, 2010
COMMENTARY INDIAN MARKET 10-Dec 9-Dec % Change
INDIA BSE Sensex 19,509 19,242 1.39
A day after suffering a heavy loss, the Indian market managed to stage a spirited recovery on the NSE Nifty 5,857 5,767 1.57
back of sustained strength in pivotal index heavyweights, as investors welcomed a better-than- BSE Midcap 7,406 7,259 2.03
expected IIP data for October. Also, the market was primed for a technical bounce back after five BSE Smallcap 8,951 8,745 2.36
straight days of losses.The BSE Sensex closed above 19,500 and the NSE Nifty ended above the 5850 Nifty Junior 11,763 11,620 1.23
mark, recouping half of the previous session's big losses.The Sensex closed at 19,508, up 266 points CNX Midcap 8,512 8,376 1.63
or 1.4% from the previous close. The NSE Nifty rose 90 points or 1.6% to close at 5,857 .In the
broader market, the BSE Small-Cap index and the BSE Mid-Cap index were up 2.3% and
2%, respectively.
GLOBAL MARKETS 10-Dec 9-Dec % Change
Dow Jones Ind (USA) 11,410 11,370 0.35
GLOBAL MARKETS Nasdaq Composite(USA) 2,637 2,617 0.78
US markets ended the week on a positive note .The S&P 500 closed to a fresh two-year high and the S&P 500 (USA) 1,240 1,233 0.57
Nasdaq Composite to its best close in three years.Even the economic data was on positive note.The FTSE 100 (UK) 5,813 5,808 0.09
consumer survey data was at its best in the past six months.Additionallythe October trade deficit DAX (Germany) 7,006 6,964 0.60
came in at $38.7 billion, which is less than the $44.5 billion deficit that had been widely expected to Nikkei 225 (Tokyo) 10,212 10,286 (0.72)
follow the $44.6 billion deficit recorded for the prior month, although the combination of higher
Hang Seng (Hong Kong) 23,162 23,172 (0.04)
exports and lower imports should provide a boost to fourth quarter GDP.
Shanghai Comp (China) 2,841 2,811 1.07
The Dow gained 0.35% closing at 11,410 and the S&P 500 closed up by 0.57% at 1,240 , while the KOSPI (South Korea) 1,986 1,989 (0.15)
Nasdaq ended 0.78% higher at 2637. STI (Singapore) 3,185 3,210 (0.78)
MSCI Emerging Market 423 423 0.00
The Asian markets have opened up on strong note.Hang Seng up by 1.30%,Shanghai up 1.30%,. MSCI Frontier Market 584 583 0.09
CORPORATE/ ECONOMY NEWS BOND MARKETS 10-Dec 9-Dec Change
Canara Bank has again raised the domestic term deposit rates across various maturities.This is the 10yr G-Sec Yield 8.11 8.17 (0.06)
second time during the month that the Bank has increased its deposit rates. 1yr G-Sec Yield 7.27 7.27 0.00
The Bank had announced a 50 basis points increase across various maturity slabs with effect from LIBOR (6m) 0.46 0.45 0.01
December three. LIBOR (1m) 0.25 0.26 (0.01)
Interbank Call rate 6.6 6.5 0.08
State-run Bank of Baroda said on Saturday it will raise its base rate and benchmark prime lending
rate with effect from December 13. The banks will raise their base rates by 50 basis points to 9 per
cent and benchmark prime lending rate by 75 basis points to 13.25 per cent, BSE Turnover Rs Cr('000) Sensex
20200 5.0
Emami Paper Mills, a part of the Kolkata-based Emami Group , has earmarked an over Rs 2,000 20000
crore investment for capacity expansion and a foray into the pulp and writing paper segment. 4.0
19800
19600 3.0
Drug maker Elder Pharmaceuticals said that it is eying a jump of nearly 60 per cent in its revenues
from Bulgaria next fiscal on the back of a slew of product launches. The company, which recently 19400 2.0
acquired vitamins maker NeutraHealth for Rs 90 crore, is also looking to bring products of the UK- 19200
based firm to India. 1.0
19000
State-owned Hindustan Copper Ltd (HCL) is planning to develop a new mine with about 50 18800 0.0
million tonnes of ore reserves in Jharkhand as part of its strategy to ramp up capacity to 12.5 mn 6-Dec 7-Dec 8-Dec 9-Dec 10-Dec
tonnes, from 3.5 mn tonnes, by 2017.
Diversified business group ITC Ltd said it will resume production of cigarettes only after receiving a
formal government notification on what pictorial warning should be printed on packs. NSE Turnover Rs Cr('000) Nifty
6050 20
Central security agencies are likely to question some officials of market regulator Stock Exchange 6000
Board of India (Sebi) and a few stock market operators on leakage of a classified report purportedly 5950 15
prepared by the Intelligence Bureau, which led to fall in share prices of many small and mid-cap 5900
companies. 5850 10
5800
NPTC will soon approach the government for reconsideration of the decision to scrap the power 5750 5
producer's 600-MW Loharinag Pala hydro-power project in Uttarakhand. 5700
5650 0
Enterprise software and services provider Ramco Systems said it would make a foray into 6-Dec 7-Dec 8-Dec 9-Dec 10-Dec
Bangladesh with a view to tap business from the government, power and banking sector of the
neighbouring country.
`
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

2. Volume: 1 | Issue: 417| December 13, 2010
CORPORATE NEWS SECTOR 10-Dec 9-Dec % Change
Kalpataru Power Transmission Ltd has bagged three orders worth Rs 600 crore — two in India Consumer Durables 5,948 5,763 3.20
and one in Congo. With the receipt of these orders, the company’s total order book stands at Rs Bankex 13,003 12,645 2.83
5,300 crore. Oil&Gas 10,426 10,171 2.51
Metal 15,991 15,741 1.59
The country’s biggest iron ore miner NMDC inked a pact with Russia’s Severstal to set up a five- PSU 9,223 9,094 1.42
million tonnes steel plant in Karnataka. Realty 2,742 2,705 1.37
FMCG 3,560 3,513 1.35
Public sector lender IDBI Bank has secured a $100-million ECA (export credit agency) line of credit
Power 2,875 2,840 1.25
from Germany’s DZ Bank.
Healthcare 6,499 6,447 0.81
Engineering and construction firm Punj Lloyd said that it has secured a Rs 1,292 crore work order Capital Goods 15,054 14,961 0.62
from Thailand's state-run PTT Public Company for construction of a gas pipeline, besides a separate IT 6,262 6,234 0.44
project worth Rs 169 crore from Indian Oil Corporation. Auto 9,922 9,895 0.27
Teck 3,736 3,730 0.17
The construction of the six-MTPA steel plant in Orissa by Tata Steel is likely to begin from January
2011.
IT major Wipro Infotech that said it has bagged a 5-year IT outsourcing contract by Vasan Eye
Care, one of the country's largest network of eye care centres.
GAIL India has proposed to set up 5,500 km of gas connectivity over the next two-three years BSE Upper Circuit Breakers
investing $4 billion. Company Name 10-Dec 9-Dec % Change
Coral Lab 97.8 81.5 20.00
Movie producer and distributor K Sera Sera Production said that it has bought 5 per cent stake in DIL 393.7 328.1 20.00
gold miner Citi Gold Corp Ltd through its Australian subsidiary.Citi Gold has gold resource of 10 Henkel 36.3 33.0 10.00
million ounce or 310 tonnes. 0 KDDL 99.8 95.1 5.00
Celebrity Fashions 20.0 19.1 5.00
IT major HCL Technologies said that it has signed a multi-year partnership with Lojas Renner, the
second largest fashion retailer in Brazil, for managing its Oracle systems.
HPCL-Mittal Energy Limited (HMEL) said that the ambitious 9-million tonnes Bathinda oil refinery
would attract an investment of Rs 1,300 crore in Polypropylene based downstream industry in the
state.
BSE Lower Circuit Breakers
Public sector undertaking NTPC on Saturday signed a power purchase agreement with Punjab Company Name 10-Dec 9-Dec % Change
State Power Corporation Ltd (PSPCL) for 2,640 MW coal-based thermal power project at Spectacle Inds 93.2 103.5 (10.00)
Gidderbaha for Rs 15,000 crore. GSS America 184.2 204.65 (10.00)
SVR Resources 135.3 150.3 (10.00)
OnMobile Global, a provider of telecom value added services has entered into a strategic venture
with Madison World, a diversified communications group, to set up a mobile marketing company. Milfield Industries 185.6 206.2 (10.00)
Centrum Capital 1731.0 1822.2 (5.00)
Shreyas Shipping & Logistics Limited, a multi-modal, integrated logistics & shipping solutions
provider, announced that the company through its wholly owned subsidiary Shreyas Relay
Systems Limited (SRS) has signed a Memorandum of Understanding with Tata Motors for
acquisition of 50 trailers. Company plans to invest Rs. 170mn at regular intervals for acquiring 50
trailers. The Company mentioned that this is a part of plan to acquire 100 such trailers soon to
emerge as India’s preferred integrated logistics solutions provider.
Venus Remedies Ltd has successfully completed Phase III clinical trials of a novel aminoglycoside
molecule, Etimicin sulphate. Venus had in licensed this molecule in 2007 from an innovator
company in China. Venus owns the exclusive manufacturing and marketing rights for this product
in India.
COMMODITY / CURRENCY NEWS COMMODITY 10-Dec 9-Dec % Change
Crude Oil (USD/bbl) 87.4 88.8 (1.58)
Gold (Rs/10gm) 20,497.0 20,625.0 (0.62)
Crude oil closeddown by 1.58% at $87.4 per barrel. Gold closed down by 0.62% at Rs 20,497 and
Silver (Rs/kg) 43,480.0 43,673.0 (0.44)
Silver closed down by 0.44 % at Rs. 43,480.
The Indian Rupee closed higher against the dollar at 45.05 as the Indian equity benchmarks ended on CURRENCY 10-Dec 9-Dec % Change
a positive note. INR / USD 45.05 45.21 (0.35)
USD / Euro 1.32 1.31 0.76
Yen / USD 83.90 83.69 0.25
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: 417| December 13, 2010
ECONOMY / POLICY NEWS FUTURES PREMIUM/DISC Cash Futures P/D%
The Finance Ministry indicated that it will not intervene in the foreign exchange Sterlite Tech 68.4 69.2 1.17
market even if capital inflows into the country touch $50 billion during the 2010- PTC 110.5 111.75 1.13
11 fiscal. Adani Ent 635.7 642.7 1.11
Sri Ram Transport 717.5 725.4 1.10
Foreign direct investment flows (FDI) into developing countries including India, is SREI Infra 96.0 97.05 1.09
expected to recover over the next couple of years and is projected to increase by Patel Eng 305.7 308.95 1.08
17 per cent in 2010, a World Bank report has said. ONGC 1322.0 1299.6 (1.69)
Core Project 264.3 262.3 (0.74)
ndustrial output in October rose 10.8 per cent on the back of healthy performance Jindalsaw 183.9 182.7 (0.68)
of automobile, electronic goods and power sectors.
ACC 1075.2 1068.0 (0.67)
Exim Bank, the leading export finance institution to promote exports, would Idea 69.8 69.3 (0.65)
actively provide finance for R&D activity by companies. Mundra Port 146.6 145.9 (0.51)
The Prime Minister's economic panel has said the economy is growing at a rate INSTITUTIONAL ACTIVITY (Rs Cr) 26-Nov 25-Nov YTD
that is above expectations and it is likely to expand by about 9 per cent this FII Cash Net 125 (532) 127,486
fiscal, higher than the earlier estimate of 8.5 per cent. FII Stock Futures (250) 535 (14,489)
FII Index Futures (452) (678) (16,588)
Mutual Fund 163 235 (29,863)
VALUATIONS P/E P/B DIV YLD
BSE 22.5 3.7 1.1
NSE 23.0 3.7 1.1
BSE500 Mcap/GDP Ratio 0.63
MOVERS & SHAKERS
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
ICICI Bank 1117.55 5.71 KS Oils 36.75 20.29 Technofab Engineering 166.2 20
Jaiprakash Asso 104.7 4.65 Bayer Crop 892.55 11.69 Surana Inds 281 19.57
RIL 1023.7 4 Ruchi Soya 91.15 9.62 Sahara One 149.5 15.04
Wipro 450 3 Core Projects 264.25 9.04 ITD Cem India 233 13.66
Reliance Comm 126.15 2.98 India Infoline 83.25 8.89 BRAND HOUSE 29.8 13.31
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Bajaj Auto 1492.45 -2.65 MVL 18.4 -9.8 GSS America 184.2 -9.99
Bharti Airtel 330.9 -2.27 Money Matters 205.85 -4.98 Midfield Industries 185.55 -9.99
Tata Motors 1248.1 -1.9 Shree Ashtavina 15.95 -4.78 SVC RES 135.3 -9.98
HDFC Bank 2220.4 -0.82 Arss Infra Proj 725.6 -4.25 Twilight Litaka 93.55 -9.96
Cipla 347.8 0.78 Spicejet 72.85 -4.21 Comfort Intech 5.97 -9.95
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 and services provided herein.