1. Volume: 1 | Issue: 356| September 15, 2010
COMMENTARY INDIAN MARKET 14-Sep 13-Sep % Change
BSE Sensex 19,347 19,208 0.72
INDIA NSE Nifty 5,796 5,760 0.62
There was no let-up in buying activity, atleast as far as the benchmarks were concerned. The BSE Midcap 8,061 8,112 (0.63)
market had scaled the 19,000 peak in the previous session on the back of robust industrial BSE Smallcap 10,195 10,272 (0.75)
production numbers and robust foreign fund inflows. The Sensex rose for the sixth consecutive Nifty Junior 12,483 12,509 (0.21)
session, adding 139 points to a fresh 32 month high on the back of fresh capital inflows amid a CNX Midcap 9,140 9,184 (0.47)
firming global trend. The Sensex, which has gained almost 1,000 points in the last five trading
sessions, advanced further by 139 points to 19,347 , its highest level since January 7, 2008.The
Nifty crossed the 5,800 points level during trade, up by 36 points. Again, the broader markets laid GLOBAL MARKETS 14-Sep 13-Sep % Change
low for the second consecutive day. The BSE Midcap index shed 51 points at 8061 and the BSE Dow Jones Ind (USA) 10,526 10,544 (0.17)
Smallcap index lost 77 points at 10,195. Nasdaq Composite(USA) 2,290 2,286 0.18
S&P 500 (USA) 1,121 1,122 (0.07)
The market breadth was extremely negative, in contrast to a strong breadth yesterday, with 2006 FTSE 100 (UK) 5,567 5,566 0.03
declining shares outpacing the advances at 985. DAX (Germany) 6,275 6,262 0.22
Nikkei 225 (Tokyo) 9,299 9,322 (0.24)
GLOBAL MARKETS
Hang Seng (Hong Kong) 21,696 21,658 0.18
A September rally faltered on the stock market on Tuesday as worries returned about Europe's
Shanghai Comp (China) 2,689 2,688 0.01
economy breaking a 4 winning streak for the Dow & S&P. In a traditionally weak month, the
KOSPI (South Korea) 1,815 1,819 (0.20)
Indices are still high. The Dow fell 17.64, or 0.17%, to close at 10,526 and the S&P 500 lost 0.8
points, or 0.07%, to end at 1,121.10. The Nasdaq edged up 4 points or 0.2%. STI (Singapore) 3,049 3,067 (0.59)
MSCI Emerging Market 392 391 0.19
The Asian markets are in the green zone. The Nikkei is up by 1.24% while the Hang Seng is up by MSCI Frontier Market 541 537 0.66
0.57%
CORPORATE/ ECONOMY NEWS BOND MARKETS 14-Sep 13-Sep Change
United Breweries Group flagship company United Spirits has inked a deal to acquire a 54.69 10yr G-Sec Yield 7.94 7.97 (0.03)
per cent stake in Pioneer Distilleries Ltd for Rs 73.95 crore. United Spirits will buy the PDL 1yr G-Sec Yield 6.48 6.48 0.00
shares at a price of Rs 101 apiece, translating into a premium of over 40 per cent above the LIBOR (6m) 0.49 0.49 (0.00)
current market price. LIBOR (1m) 0.26 0.26 (0.00)
Interbank Call rate 5.9 5.6 0.25
Oriental Bank of Commerce has informed that the issue of Tier II capital amounting to Rs 200
crore by issuing Upper Tier II bonds on private placement basis is slated to open on September
BSE Turnover Rs Cr('000) Sensex
16 and will close on September 17. 19400 7.0
19200 6.0
Vedanta Resources group company Sterlite Energy will resume operations at its 600-
megawatts independent power unit at Jharsuguda in Orissa from September 13, following 19000 5.0
efforts taken by the company to reduce emission of fly ash. 4.0
18800
3.0
Lenders to Ispat Industries, rattled by the steelmaker’s shaky finances, are exploring options of 18600 2.0
selling their shareholding in the company to rivals Tata Steel and ArcelorMittal India, according 18400 1.0
to people involved in the preparation of such a plan. The move by the lenders is aimed at
18200 0.0
protecting their exposure.
7-Sep 8-Sep 9-Sep 13-Sep 14-Sep
SKF India is investing additional Rs 120 crore to set up a new plant and a technical centre in
India. The company is eyeing medium sized companies as acquisition targets in areas like
bearing, seals, and lubricants.
NSE Turnover Rs Cr('000) Nifty
5850 20
Power plant equipment major BHEL has bagged a Rs 2,665 crore order for supply and
5800
installation of the main plant package for Dainik Bhaskar Power Limited's 2x600 MW coal-based 15
5750
thermal power project at Baradarha, in Janjgir district of Chhattisgarh.
5700
10
KEC International has agreed to acquire Jay Railway Signalling Pvt Ltd for an enterprise value 5650
of Rs 139.6 million. 5600 5
5550
Venus Remedies has received European Union patent for its researched anti-infection product 5500 0
'Sulbactomax'. The patent granted by European Patent Organisation (EPO) covers the entire EU 7-Sep 8-Sep 9-Sep 13-Sep 14-Sep
region.
`
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: 356| September 15, 2010
CORPORATE NEWS SECTOR 14-Sep 13-Sep % Change
Career Point Infosystem, a provider of tutorial services in India, has fixed a price band of Rs 295- Consumer Durables 6,048 5,955 1.56
310 per share for its initial public offering. The company plans to raise about Rs 115 crore from IT 5,805 5,721 1.45
the share sale, by diluting between 20.1 per cent to 20.8 per cent. Auto 9,279 9,154 1.37
Teck 3,634 3,587 1.29
Indian software-services exporter Tata Consultancy Services said that it will invest Rs 1000 crore Capital Goods 15,308 15,223 0.56
($216 million) on a training campus at the proposed Technocity near the Technopark campus at Bankex 13,524 13,455 0.52
Thiruvananthapuram. PSU 10,247 10,209 0.37
FMCG 3,497 3,484 0.37
GlaxoSmithKline Consumer Healthcare (GSKCH) will invest over Rs 300 crore on repositioning Oil & Gas 10,462 10,436 0.24
original milk food drink Horlicks as the company’s umbrella brand. Apart from relaunching Healthcare 5,737 5,737 (0.00)
Horlicks across media, including the digital and mobile marketing space, GSK is also looking at Power 3,160 3,163 (0.11)
foraying into other categories like breakfast and mid-day meals. Realty 3,627 3,641 (0.39)
Metal 16,302 16,388 (0.53)
The promoters of mid-size IT firm Sonata Software are in talks to sell their stake in the firm. Last
week, the promoters of another mid-size IT firm, Kale Consultants, sold their stake to European
outsourcing provider Accelya. Kale and Sonata Software, like most small and medium size IT
providers today, face challenges of growth and profitability.
The government may soon delete the controversial regulation that requires global telecom gear
BSE Upper Circuit Breakers
makers to deposit their software codes in the equivalent of a sealed envelop with the Indian
Company Name 14-Sep 13-Sep % Change
security establishment. This should benefit Tata Teleservices, Reliance Communications &
Infotrek Syscom 34.6 28.80 20.00
BSNL.
Systematix Corporate 46.0 38.30 20.00
Hindustan Sanitaryware & Industries Limited has approved the issue of fully paid-up equity Shristi Infrastructure 502.9 457.2 10.00
shares worth up to Rs1.5bn by way of a QIP at a minimum price of Rs136.10 per share. 0 Bhandari Hosiery 23.1 21.0 10.00
Polyplex Corporation 639.2 608.8 5.00
Housing Development and Infrastructure has raised US$250 mn in a share sale to qualified
institutional investors.
Simhapuri Energy Private Limited, promoted by Madhucon Projects Limited which is setting up
1920 MW coal based power plant in 3 phases in Andhra Pradesh has achieved financial closure
for its Phase II 300 MW power plant. BSE Lower Circuit Breakers
Company Name 14-Sep 13-Sep % Change
International Coal Ventures Ltd is eyeing coal mines in Indonesia and has joined hands with Inca Finlease 287.0 302.0 (5.00)
the Indian Railways' engineering consultancy arm RITES to develop the necessary infrastructure T & I Global 15.0 15.8 (5.00)
for a possible buyout. ICVL is a special purpose vehicle of SAIL, Rashtriya Ispat Nigam Ltd, Coal SOM Distilleries 96.3 101.4 (5.00)
India, NMDC and NTPC, formed to scout for coal properties abroad. Oregon Commercials 218.4 229.9 (5.00)
Seax Global Ventures 28.6 30.1 (5.00)
Business process outsourcing service provider Tricom India said that it will acquire the assets of
US-based healthcare service provider GTESS Corporation. Tricom India is a non-voice information
technology- enabled services (ITeS) provider focused on data management and data capturing
services .
DQ Entertainment (DQE) has entered into an exclusive home video distribution agreement
for DQE's 3D animated series with Thailand-based TIGA Entertainment. The year agreement
signifies DQE’s maiden foray into the strategic and niche home video distribution market of
Thailand.
COMMODITY / CURRENCY NEWS COMMODITY 14-Sep 13-Sep % Change
Crude Oil (USD/bbl) 76.8 77.2 (0.51)
Gold (Rs/10gm) 19,198.0 18,862.0 1.78
Light Sweet Crude Oil on Tuesday was down by 0.5% at $76.8 per barrel. Gold closed up by 1.78
Silver (Rs/kg) 31,983.0 31,580.0 1.28
% at Rs 19198 and Silver closed up by 1.28% at 31983.
The Indian Rupee closed higher against dollar by 0.38% at 46.42 as the Indian equity benchmarks CURRENCY 14-Sep 13-Sep % Change
ended on positive note. INR / USD 46.42 46.25 0.38
USD / Euro 1.30 1.29 0.93
Yen / USD 84.17 83.74 0.51
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: 356| September 15, 2010
ECONOMY / POLICY NEWS FUTURES PREMIUM/DISC Cash Futures P/D%
The Union government is looking at a new sugar subsidy mechanism as part of its Tata Tele Maharashtra 23.3 23.5 0.86
decontrol proposal. It plans to rope in state governments for the purchase and ICSA 134.0 135.1 0.82
distribution of sugar to below-poverty-line (BPL) consumers at market prices. To CESC 419.6 422.95 0.81
compensate state governments for the cost of buying sugar at market prices, the Centre Asian Paints 2860.6 2882.95 0.78
plans to levy a cess of Rs 100 on the sale of every quintal of sugar. Suzlon Energy 51.6 52 0.78
Praj Industries 77.4 78 0.78
India's wholesale price index (WPI) inflation rose 8.5 per cent annually in August, SCI 167.8 164.0 (2.29)
based on a new data series, its second straight month of decline. The data was the first GMDC 134.3 131.5 (2.05)
with a different base year of 2004/05, new components and weightings. Under the old Opto Circuit 311.5 306.9 (1.49)
series, August inflation was 9.5 per cent compared with a median forecast for 9.6 per cent. Kotak Bank 475.7 470.8 (1.02)
ABG Shipyard 245.1 242.7 (0.98)
The mines minister says the new Mines Act will be tabled in the winter session of Ambuja Cement 136.7 135.4 (0.95)
parliament without any changes to the 26% profit distribution proposal. The GoM
headed by Finance Minister Pranab Mukherje is likely to clear the new Mines Act in about INSTITUTIONAL ACTIVITY (Rs Cr) 07-Sep 06-Sep YTD
two sittings. FII Cash Net 201 1,040 58,200
FII Stock Futures 530 648 1,259
The government claimed that India has become the seventh largest vehicle FII Index Futures (71) 820 (5,246)
producing nation in the world, six years ahead of the set target. Mutual Fund 31 354 (14,610)
The Secretary, however, cautioned that the most important challenge for the sector is to
ensure that this growth is accompanied by strategies aimed at mitigating the adverse VALUATIONS P/E P/B DIV YLD
impact of vehicles on the environment. BSE 23.0 3.7 1.1
NSE 24.5 3.8 1.0
BSE500 Mcap/GDP Ratio 0.63
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
Wipro 417.5 3.66 Sigrun Holdings 12.4 10.00 Rane Holdings 286.7 17.41
Jaiprakash Associates 126.3 3.31 Dewan Housing 306.4 7.10 VGuard Industries 203.4 14.85
Tata Motors 1,054.5 2.73 Ashok Leyland 77.3 6.25 Shristi Infrastructure 502.9 10.00
Sterlite Industries 170.8 2.68 Dish TV India 58.6 4.27 Vakrangee Soft 249.1 9.52
DLF 341.3 2.50 Wockhardt 277.0 4.16 Transport Corporation 152.6 9.27
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
Hindalco Industries 186.5 -1.97 Ruchi Soya 128.8 -5.50 BAG Films 11.8 -9.20
ACC 970.9 -1.91 Coromandel Intl 617.5 -5.30 EIH Associated 200.9 -7.27
SBI 3113.7 -1.07 MVL 83.6 -4.73 PNB Gilts 29.0 -7.05
Tata Power 1265.2 -0.76 S Kumar Nation 80.6 -4.51 JMD Telefilms 117.0 -6.92
Tata Steel 596.8 -0.72 Britannia Industries 448.2 -4.50 Accentia Tech 343.0 -6.31
BULK DEALS
SCRIPT NAME CLIENT NAME TYPE QTY % PRICE
NSE
Ispat Industries Jaypee Capital Services BUY 0.71% 21.57
Shriram Transport Finance Deutsche Securities Mauritius BUY 0.94% 790.3
B.A.G Films and Media Trans Financial Resources BUY 1.07% 11.5
VIP Industries Crosseas Capital Services SELL 0.77% 247.6
Jupiter Bioscience Dinesh Munjal(Huf) SELL 0.68% 132.2
BSE
NCL Research Kanodia Stock Broking BUY 1.07% 195
Aishwarya Telecom Vipul Hiralal Shah BUY 0.59% 35.4
Roselabs Industries PR Vyapaar BUY 0.98% 33.9
IFL Promoters Bharat Gupta SELL 0.62% 14.88
VIP Industries Crosseas Capital Services SELL 0.67% 547.06
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