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1. Volume: 1 | Issue: 412| December 7, 2010
COMMENTARY INDIAN MARKET 03-Dec 03-Dec % Change
INDIA BSE Sensex 19,981 19,966 0.07
The markets ended flat on back of heavy losses in banking space. The Sensex opened in the NSE Nifty 5,992 5,993 (0.01)
green at 20,038 and touched an high of 20,217 -up 179 points - backed by a sharp rally in metal BSE Midcap 7,854 7,883 (0.37)
stocks. However, the index pared gains in the second half of the day, and ended at 19,981, up 14 BSE Smallcap 9,771 9,859 (0.90)
points. The S&P CNX Nifty closed unchanged at 5992.Markets have ended flat for two consecutive Nifty Junior 12,405 12,500 (0.76)
sessions. The Broader markets have underperformed, the BSE Midcap index declined 0.4% and CNX Midcap 8,959 9,011 (0.57)
the BSE Smallcap index dipped 0.7% versus the benchmark.
The market breath was negative, for 1701 stocks which advanced, 1222 stocks declined. GLOBAL MARKETS 03-Dec 03-Dec % Change
Dow Jones Ind (USA) 11,362 11,382 (0.18)
GLOBAL MARKETS Nasdaq Composite(USA) 2,594 2,592 0.09
Precious metals like gold and silver took center stage as few investors showed a willingness to S&P 500 (USA) 1,223 1,225 (0.14)
jump into the stock market fray on a day with no major economic news on tap. Stock trading FTSE 100 (UK) 5,770 5,745 0.44
volume was lower than average, and major indexes ended mixed after drifting around breakeven DAX (Germany) 6,954 6,948 0.09
for most of the day. Stocks reacted to Fed chairman Ben Bernanke's pessimistic outlook about the Nikkei 225 (Tokyo) 10,167 10,178 (0.11)
nation's economy. The Dow Jones industrial average fell 20 points, or 0.2%, to end at 11,362.19. Hang Seng (Hong Kong) 23,475 23,320 0.66
The S&P 500 fell 2 points, and the Nasdaq ticked up by 3 points. Shanghai Comp (China) 2,849 2,842 0.25
KOSPI (South Korea) 1,953 1,957 (0.20)
Asian Markets are trading on a negative note. The Nikkei is down by 0.5% & the Hang Seng by STI (Singapore) 3,203 3,172 0.96
0.4% MSCI Emerging Market 427 425 0.51
MSCI Frontier Market 583 576 1.22
CORPORATE/ ECONOMY NEWS BOND MARKETS 03-Dec 03-Dec Change
State Bank of India (SBI) has revised the interest rates on term deposits with maturities ranging 10yr G-Sec Yield 8.11 7.96 0.15
from 15 days to 10 years upwards. These revised rates will be effective from tomorrow, that is 1yr G-Sec Yield 7.27 7.27 0.00
December 7. LIBOR (6m) 0.45 0.45 0.00
LIBOR (1m) 0.26 0.26 0.00
State-run Shipping Corp of India is likely to price its shares at the top end of the Rs 135-140 Interbank Call rate 6.6 6.6 0.00
range.
BSE Turnover Rs Cr('000) Sensex
Tata Steel said that it views Africa-focused Riversdale Mining as a strategic investment. The 20100 5.0
statement comes in the wake of global miner Rio Tinto's $3.5 billion bid for possible acquisition of 20000
Riversdale, in which Tata Steel has significant about 24 per cent stake. 19900 4.0
19800
19700 3.0
The Hinduja Group said its flagship company Ashok Leyland is not in talks with Japan's Nissan for
developing a small car saying the market for such products has "saturated". 19600 2.0
19500
19400 1.0
Public sector Bank of Baroda (BoB) plans to open 900 branches across the country by the end of
19300
fiscal 2011-12 and will come up with nine overseas in the next six months. 19200 0.0
30-Nov 1-Dec 2-Dec 3-Dec 7-Dec
World’s largest forgings company Bharat Forge is making big plans for its power equipment
business. The company is going to invest Rs 1900 crore in its joint venture with India’s largest
power company NTPC. And its joint with French energy giant Areva will also begin construction
for nuclear forgings plant this month. NSE Turnover Rs Cr('000) Nifty
6050 25
Mahindra & Mahindra Financial Services (Mahindra Finance) plans to raise up to Rs 570 crore 6000
through institutional placement of equities by mid-January. 20
5950
15
The division bench of the Bombay High Court today recused itself from hearing the petition filed 5900
10
by Lavasa Corporation against the environment and forest ministry’ notice. 5850
5800 5
Rating agency Fitch has downgraded ING Vysya Bank to “AA-” from “AA”. However, the outlook
5750 0
on long-term rating remains stable.
30-Nov 1-Dec 2-Dec 3-Dec 7-Dec
Bharat Petroleum Corporation Ltd (BPCL) will shortly file an execution petition against
Kingfisher Airlines (KFA) to claim jet fuel dues, a company official said. KFA owes BPCL Rs 220
crore (after adjustment of interest). KFA’s deadline to pay expired on November 30. `
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

2. Volume: 1 | Issue: 412| December 7, 2010
CORPORATE NEWS SECTOR 03-Dec 02-Dec % Change
Sun Pharma has said that it plans to delist its Detroit-based subsidiary Caraco Pharma from the Metal 16,562 16,190 2.30
US bourses by acquiring all the shares of Caraco. Oil&Gas 10,411 10,325 0.84
IT 6,267 6,231 0.58
Anil Agarwal-promoted Vedanta Resources has completed the acquisition of the Skorpion Zinc Power 2,929 2,917 0.43
Mine in Namibia from Anglo American plc for about $707 million. Auto 10,325 10,292 0.33
Teck 3,784 3,772 0.31
Japanese auto giant Honda is understood to have reached an agreement to dissolve its 26-year- Capital Goods 15,451 15,427 0.16
old joint venture, Hero Honda, with the Hero Group by selling its entire stake in India’s largest Healthcare 6,703 6,706 (0.05)
two-wheeler maker. Honda Motor Co is expected to sell its entire 26 per cent stake in Hero Honda Consumer Durables 6,364 6,386 (0.35)
to its partner Munjals-promoted Hero Group and would earn $1.2 billion from the sale. Realty 2,940 2,951 (0.36)
FMCG 3,583 3,597 (0.38)
Hindustan Construction Co said that it has signed two agreements with France's Vinci PSU 9,502 9,589 (0.91)
Construction Grands Projects, a unit of Vinci, to jointly work on power, water, transportation and Bankex 13,733 14,066 (2.37)
infrastructure projects in India and other countries.
L&T Infotech announced a strategic partnership with IBM in the Business Process Management
(BPM) space, using IBM's WebSphere Lombardi Suite of products. This partnership will be let L&T
Infotech and IBM to offer BPM solutions such as business process modeling, implementation,
integration solutions and services to its clientele. Further, L&T Infotech is launching customisable BSE Upper Circuit Breakers
BPM solutions in the areas of Banking & Financial Services like corporate loans, know your Company Name 03-Dec 02-Dec % Change
customer, credit card issuance, accounts payable and insurance (claims processing, underwriter Dolphin Offshore 238.7 199.0 20.00
workflow) by leveraging Lombardi. Vintage Cards 17.6 16.0 10.00
Fomento Hotels 113.5 108.1 5.00
Drug maker Glenmark said it along with its US-based partner had got the US health regulator's
0 Jay Energy 139.1 132.5 5.00
nod to manufacture and market two oxycodone products, used for treating moderate to severe
Carol Info 102.1 97.3 5.00
pain, in the American market.
State-owned Oil and Natural Gas Corp (ONGC) will have to wait for signing of the contract for
Kazakhastan's Satpayev oil field as the Central Asian nation seems not yet ready even after
awarding it nearly two years ago.
JSW Steel's crude steel production for the month of November jumped by 6 per cent as BSE Lower Circuit Breakers
compared to that for the same month last year. The company's crude steel production for Company Name 03-Dec 02-Dec % Change
November was 5.08 lakh tonne, as against 4.80 lakh tonne for November 2009. Midfield Industries 318.0 397.4 (20.00)
Parekh Aluminex 329.8 412.2 (20.00)
Siemens has won an order of Rs 127 crore from Jaypee Sports International for equipping the Money Matters 252.6 265.8 (5.00)
country's upcoming first Formula 1 race track at Noida with electronics race control management Mansi Finance 31.7 33.3 (5.00)
systems. This project is scheduled to be completed within the next 10 months. Binny 160.5 168.9 (5.00)
Suzlon Energy said that it would acquire the tower business division of fully owned unit, Suzlon
Towers & Structures, and the operations and maintenance division of wholly owned Suzlon
Infrastructure Services. This would help reduce costs, improve materials management and
improve operations.
State-run Engineers India Limited said that it is mulling to bid under the ninth round of the
New Exploration and Licencing Policy (NELP) of oil and gas blocks and enter city gas distribution
projects.
COMMODITY / CURRENCY NEWS COMMODITY 03-Dec 03-Dec % Change
Crude Oil (USD/bbl) 89.0 89.4 (0.48)
Gold (Rs/10gm) 20,817.0 20,800.0 0.08
Crude oil closed down by 0.48% at $89 per barrel. Gold closed up by 0.08% at Rs 20,817 and Silver
Silver (Rs/kg) 44,480.0 44,460.0 0.04
closed up by 0.04 % at Rs. 44,480.
CURRENCY 03-Dec 03-Dec % Change
The Indian Rupee closed higher against the dollar at 44.94 as the Indian equity benchmarks ended
INR / USD 44.94 45.10 (0.35)
on a negative note.
USD / Euro 1.32 1.30 1.54
Yen / USD 82.69 82.54 0.18
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: 412| December 7, 2010
ECONOMY / POLICY NEWS FUTURES PREMIUM/DISC Cash Futures P/D%
Buying a new car will be more expensive after the New Year, with major auto- Ruchi Soya 121.2 122.7 1.24
makers Maruti Suzuki and Hyundai Motor India today declaring their intent to Mcleod Russell 215.7 218.2 1.18
effect a price hike across product lines from January due to input cost pressure. BRFL 212.6 214.5 0.92
Indian Bulls 272.2 274.5 0.86
France today became the first country to sign agreements to set up nuclear Sterling BioTech 102.3 103.15 0.83
reactors in India, two years after the country's nuclear isolation prompted by India Info 84.9 85.55 0.82
Pokhran tests in 1998, ended. Five path-breaking agreements to establish first two ONGC 1320.5 1297.8 (1.72)
of the six reactors in Jaitapur in Maharashtra at a cost of approx $25 billion were PNB 1227.1 1216.0 (0.91)
inked in the presence of visiting French President Nicolas Sarkozy and Prime SCI 144.5 143.3 (0.87)
Minister Manmohan Singh, who paved the way for that during their talks over Core Project 242.3 240.3 (0.80)
dinner on Sunday. Colpal 878.3 874.4 (0.44)
Auropharma 1286.9 1281.3 (0.44)
The government could consider raising diesel prices before planned share sales of
state-run companies Indian Oil Corp and Oil and Natural Gas Corp (ONGC). INSTITUTIONAL ACTIVITY (Rs Cr) 25-Nov 24-Nov YTD
FII Cash Net (532) 1,775 1,27,486
Charanaka, a village nestled in a remote corner of Patan district in north Gujarat is FII Stock Futures 535 258 (14,489)
destined to become the state’s hub of solar power generation. Solar panels will be FII Index Futures (678) (482) (16,588)
laid on close to 3,000 acres of land in this village , where the state government is Mutual Fund 235 (408) (29,863)
going to set up a ' Gujarat Solar Park . at an investment of Rs 8,000 crore.
VALUATIONS P/E P/B DIV YLD
BSE 23.0 3.7 1.1
NSE 23.9 3.8 1.0
BSE500 Mcap/GDP Ratio 0.65
MOVERS & SHAKERS
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
Sterlite Inds 171.7 3.65 Gujarat Fluo 214.5 7.12 Dolphin Offsh 238.7 19.98
Tata Steel 634.95 3.38 WELCORP 170.45 6.33 Ahluwalia Contr 160.85 16.05
Tata Motors 1358.5 3.32 Ispat Inds 18.65 5.37 Cals Ref 0.58 9.43
Jindal Steel 699.05 2.85 Simplex Infra 431.55 4.61 SYMPHONY 640 7.21
Hindalco Inds 221.3 2.69 Gujarat NRE Coke 60.25 4.24 Titagarh Wag 550.5 7.06
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
SBI 2952.85 -3.86 Glodyne Tech 1017.35 -8.22 Midfield Industries 317.95 -19.99
Hero Honda 1773.85 -3.2 Network18 Media 148.85 -6.94 Parekh Alum 329.8 -19.99
Reliance Comm 135.65 -2.76 Money Matters 252.55 -4.98 SVC RES 231.8 -19.99
ICICI Bank 1150.55 -2.66 Shree Ashtavina 19.45 -4.89 Comfort Intech 10.2 -19.94
ITC 169 -1.4 Birla Corp 347 -4.67 Hanung Toys 227.95 -19.01
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