For more details check out he below link - http://www.fullertonsecurities.co.in/equity/markets/research_reports.aspx

1. Sept 21, 2011
Volume: 1 | Issue: 389| November 1, 2010
INDIAN MARKET 20-Sep 19-Sep % Change COMMENTARY
BSE Sensex 17,099 16,745 2.11 INDIA
NSE Nifty 5,140 5,032 2.15 After two days of declines, bulls were back with a bang as the NSE Nifty surged over 100 points while the BSE
BSE Midcap 6,429 6,372 0.90 Sensex shot up by more than 300 points on Tuesday. The key indices flourished despite weak cues from the
BSE Smallcap 7,300 7,212 1.23 US and select Asian markets as sentiment got a boost, after European markets rebounded from a soft start.
Nifty Junior 10,216 10,113 1.02 Technically, the Nifty has reached a crucial juncture. On the daily charts, it has closed at 5140, which
CNX Midcap 7,392 7,332 0.81 corresponds to the neckline of an inverted head and shoulder pattern. So, the following sessions would
decide whether the Nifty breaks out of the current H&S pattern or finds resistance at its neckline. There was
no looking back for markets on Tuesday as IT stocks rallied on the back of the rupee touching a two-year low.
The market advance also received a boost as index heavyweights like RIL, SBI and ICICI Bank joined the party.
GLOBAL MARKETS 20-Sep 19-Sep % Change ONGC was the only laggard in the Sensex, amid news that the Government was contemplating increasing its
Dow Jones Ind (USA) 11,409 11,401 0.07 subsidy burden. BHEL was also in the red while all ADAG stocks were up smartly. Cairn India and private
Nasdaq Composite(USA) 2,590 2,613 (0.86) banking shares were the other notable gainers. Finally, the BSE Sensex ended at 17,099, surging 354 points.
S&P 500 (USA) 1,202 1,204 (0.14) The NSE Nifty closed at 5,140, up 108 points.
FTSE 100 (UK) 5,364 5,260 1.98 BSE market breadth was positive. Out of 2,916 stocks traded, 1,832 stocks advanced while 952 stocks
DAX (Germany) 5,572 5,416 2.88 declined.
Nikkei 225 (Tokyo) 8,722 8,864 (1.61)
Hang Seng (Hong Kong) 19,015 18,918 0.51 GLOBAL MARKETS
Shanghai Comp (China) 2,448 2,437 0.42 U.S. stocks fell, erasing a 1.4 percent rally by the Standard & Poor’s 500 Index, amid concern international
officials won’t make a decision on Greece’s next aid payment until October. The yield gap between two- and
KOSPI (South Korea) 1,838 1,821 0.94
30- year Treasuries narrowed to the smallest level in a year (304 bps); amid speculation the Federal Reserve
STI (Singapore) 2,781 2,758 0.84 will increase holdings of longer maturities. S&P 500 lost 0.2 percent to 1,202. DJIA ended flat at 11,409 while
MSCI Emerging Market 367 378 (2.91) Nasdaq closed at 2,590, down 0.86 percent.
MSCI Frontier Market 493 499 (1.20) Asia is witnessing a dip in trade after the International Monetary Fund cut its global-growth forecast. Nikkei is
trading flat, Hang Seng is down 1.3 percent, Shanghai is down 0.22 percent, Strait Times is down 0.4 percent
while Kospi is up 0.17 percent.
BOND MARKETS 20-Sep 19-Sep Change
10yr G-Sec Yield 8.33 8.32 0.01 CORPORATE/ ECONOMY NEWS
1yr G-Sec Yield 8.34 8.36 (0.02) IDEA Cellular, the 3rd largest mobile operator in India, has rapidly expanded its 3G network to cover
LIBOR (6m) 0.31 0.31 0.00 236 towns across 23 districts in Gujarat and 3 Union Territories, making it the widest spread 3G network
LIBOR (1m) 0.21 0.21 0.00 in the state.
Interbank Call rate 8.3 8.3 0.00
Motherson Sumi Systems Ltd has hired ICICI Bank Ltd. to arrange a 370 mn euro loan to help fund its
acquisition of an 80% stake in Germany’s Peguform Group, according to a report. The report stated that
the facility will consist of four parts with varying maturities and will be marketed to other banks later
BSE Turnover Rs Cr('000) Sensex this month. Motherson Sumi agreed to buy a stake in Peguform in July from Cross Industries AG, which
17200 3.0 will continue to hold a 20% share.
17100 2.5
TCS has announced the launch of new Trading & Surveillance Platform to address entire value chain for
17000 2.0 Market Infrastructure.
16900
1.5
16800 GVK Power & Infrastructure Ltd has reportedly said that it expects to hire banks to help organize a $1
16700 1.0 bn loan as early as next week. The company agreed to pay $1.26 bn earlier this month to acquire coal
0.5 projects from Australia’s Hancock Prospecting Pty and will invest at least $6.5 bn over the next eight
16600 years to develop the mines, says report. Earlier GVK said that it agreed to pay $500 mn now followed by
16500 0.0 $200 million one year from the deal closing, and $560 million more on the ‘financial close’ of the
14-Sep 15-Sep 16-Sep 19-Sep 20-Sep project, expected to be in 2012.
Pharma major, Lupin Ltd., announced that its subsidiary, Lupin Pharmaceuticals Inc. (LPI) has been
granted final approval by the U.S. Food and Drug Administration (FDA) for its Abbreviated New Drug
NSE Turnover Rs Cr('000) Nifty Application (ANDA) to market a generic version of Watson’s NOR-QD tablets. Lupin will commence
5150 16 shipping its norethindrone tablets, USP 0.35 mg shortly.
14
5100 12 BHEL reportedly said that it would ramp up its manufacturing capacity to 20,000 MW by March, 2012.
88.38 #DIV/0!10 According to reports, BHEL’s capacity addition strategy for the current financial year also envisages an
5050
8 improvement in product cost-competitiveness and quality and is well on track to becoming a 20,000-
5000 6 MW company by March, 2012. The company also plans to diversify into the emerging business areas like
4 R&D and people management.
4950
2
The Central Bureau of Investigation (CBI) is considering filing a case or multiple cases against Reliance
4900 0
Industries over its operations of its gas block in the Krishna Godavari (KG) basin, a newspaper reported
14-Sep 15-Sep 16-Sep 19-Sep 20-Sep on Tuesday.The CBI is likely to name officials in the country's upstream regulator and the petroleum
ministry in the case, the newspaper said, citing officials at the CBI who declined to be named.

2. Sept 21, 2011
Volume: 1 | Issue: 389| November 1, 2010
SECTOR 20-Sep 19-Sep % Change CORPORATE NEWS
IT 5,216 5,053 3.23% MindTree Limited, a global IT solutions and Product Engineering Services Company
TECk 3,262 3,173 2.79% announced that it has attained Continua Health Alliance’s certification for its EtherMind
CD 6,845 6,662 2.74% IEEE-11073 Stack (Certification IDs 38 and 39) for connected health applications. The
BANKEX 11,252 10,998 2.31% Continua-certified EtherMind IEEE-11073 stack is now available for licensing, enabling a
METAL 12,350 12,111 1.97% quick and low-cost path for medical tablet and sensor device OEMs to build standards-
1.94% based, and interoperable health systems over Personal Area Networks (PAN) or Local Area
OIL&GAS 8,844 8,676
Networks (LAN).
REALTY 1,823 1,791 1.79%
AUTO 8,981 8,863 1.33% National Thermal Power Corporation ( NTPC ) is planning to exit from its coal special
HC 5,995 5,930 1.10% purpose vehicle (SPV) International Coal Ventures Private Limited (ICVL),according to a
FMCG 3,940 3,897 1.09% report. The report stated that International Coal Ventures Ltd (ICVL) is a joint venture
POWER 2,214 2,191 1.02% between SAIL, CIL, RINL, NMDC and NTPC that was conceptualised by the Steel Ministry
PSU 7,721 7,681 0.52% for securing much-needed coking coal and thermal coal assets in overseas territories. The
CG 11,819 11,786 0.28% Power Ministry will take a call on the matter in a week's time and Cabinet approval for
NTPC's exit will be sought, says report. There are reports that the key objective with which
ICVL was set up was to secure at least 10 per cent of the coal requirements of SAIL and
RINL, that is five million tonnes per annum, by acquiring or picking up a stake in overseas
mining properties..
IT firm HCL Technologies said it would establish a software delivery centre in
BSE Upper Circuit Breakers Dublin, Ireland, that will create 80 jobs for IT graduates over three years.
Company Name 20-Sep 19-Sep % Change
KALE CONSULTANTS 86 72 20.00 Subex Ltd, a leading global provider of business support systems for communications
Panyam Cements 61.6 56.0 10.00 service providers, yesterday announced the signing of an Asset Purchase Agreement with
Suryachakra Pow 12.1 11.0 10.00 NetCracker for sale of its activation business.
Scooters India 41.0 39.0 5.00 0
State-owned Hindustan Copper's CMD Shakeel Ahmed yesterday ruled out the company
Tulip Star Hot-$ 200.6 191.0 5.00 selling fresh equity through the proposed follow-on public offer (FPO) to raise funds.
Coal India (CIL) Chairman NC Jha said production in August and September was hit by
rain, but expressed hope that the projected target of 452 million tonne for the entire fiscal
will be met.
BSE Lower Circuit Breakers French power equipment maker Alstom Grid's arm Areva T&D said it had bagged a Rs
Company Name 20-Sep 19-Sep % Change 220 crore order from Sterlite Technologies for the construction of substations in Bhopal
and Dhule in Maharashtra.
Choice Intl 58 61 (5.00)
Arvind Intl-$ 20.0 21.0 (5.00) Larsen & Toubro is set to partner government-owned Hindustan Shipyard for
Crazy Infotech 0.4 0.4 (5.00) shipbuilding, as the defence ministry has recommended the company as the preferred
Nexxoft Info 15.8 16.6 (5.00) partner.
Almondz Glob 22.9 24.1 (5.00)
Infrastructure and finance company IL&FS said it had exited from joint venture ORIX Auto
Infrastructure Services (OAISL) by selling its 50% stake to partner ORIX Corporation for
undisclosed amount.
Varkey group buys 12%, to launch open offer for more. The $2.5 billion Dubai-based
Varkey group company, Gems Education, will buy 2.62 million shares or 12 per cent equity
share in education company Everonn Education for around Rs 138 crore. It has agreed to
pay Rs 528 per share — a 43.8 per cent premium to Everonn’s closing price of Rs 367.15
per share.
COMMODITY 20-Sep 19-Sep % Change COMMODITY / CURRENCY NEWS
Brent Crude Oil (USD/bbl) 110 110 0.15
Gold (Rs/10gm) 27,984 28,109 (0.44) Brent Crude Oil ended flat at $110 per barrel. Gold ended lower by 0.44 percent at Rs
27,984 and Silver closed flat at Rs 64,522.
Silver (Rs/kg) 64,522 64,553 (0.05)
CURRENCY 20-Sep 19-Sep % Change The Indian Rupee closed higher against the dollar at Rs 47.98 as the Indian equity
INR / USD 47.98 47.77 0.44 benchmarks ended on a positive note.
USD / Euro 1.37 1.36 0.74
Yen / USD 76.57 76.68 (0.14)

3. Sept 21, 2011
Volume: 1 | Issue: 389| November 1, 2010
FUTURES PREMIUM/DISC Cash Futures P/D% ECONOMY / POLICY / GLOBAL NEWS
GMRINFRA 29.8 30.2 1.34
Greece on Tuesday reportedly paid two bond coupons totaling €769mn (US$1.04bn)
GLAXO 2056.0 2,077.5 1.05 that were due yesterday. Greece paid a €364mn coupon on a 4.6% 2040 bond and
TRIVENI 23.8 24.0 1.05 another €405mn on a 4.5% 2037 bond, according to reports. Greece will hold another
MRF 7060.0 7,130.0 0.99 conference call tonight with the EU and the IMF officials after a productive round of
NCC 68.5 69.1 0.95 talks aimed at staving off eurozone's first default.
UCOBANK 70.4 71.1 0.92
ASHOKLEY 26.3 25.8 (1.90) NASA has plans to spend a whopping $1.6 billion over the next two years in a bid to
OPTOCIRCUI 235.8 232.3 (1.51) bolster industry efforts to develop "space taxis", a media report said.
UNIONBANK 244.0 241.5 (1.05)
NATIONALUM 65.0 64.5 (0.69) Suggesting further monetary tightening measures to control inflation, the International
Monetary Fund (IMF) has scaled down India’s economic growth to 7.8 per cent this
DJIA 11355.0 11,277.5 (0.68)
year, against the earlier estimates of 8.2 per cent. The revision is attributed by the IMF
JSWISPAT 15.5 15.4 (0.65) partly to slower economic expansion in world output and to recent corporate
governance issues. Similarly, growth projections for India has been revised downwards
INSTITUTIONAL ACTIVITY (Rs Cr) 12-Sep 9-Sep YTD to 7.5 per cent in 2012, against the earlier forecast of 7.8 per cent.
FII Cash Net -779.2 -219.7 5,521
FII Stock Futures -83.85 146.78 3,998 While India Inc's quest for foreign acquisitions appears to have slowed in 2011, multi-
FII Index Futures -1075.25 -716.45 8,741 national corporations have intensified their hunt to buy Indian firms, and this has
Mutual Fund -93.9 -28.9 5,429 resulted in inbound merger and acquisition (M&A) deals more than doubling in the first
nine months this year. According to Dealogic, 281 inbound M&A deals, aggregating
VALUATIONS P/E P/B DIV YLD $27.5 billion, were announced in the January-September period, compared with 220
inbound deals, with a combined value of $13.4 billion.
BSE 18.4 3.4 1.5
NSE 18.2 3.1 1.4
BSE500 Mcap/GDP Ratio 0.59
MOVERS & SHAKERS
4.91
TOP 5 FRONTLINE GAINERS TOP 5 MIDCAP GAINERS TOP 5 SMALLCAP GAINERS
Name Rs % Name Rs % Name Rs %
Hindalco Inds 150.2 4.31 Rajesh Exports 138.7 12.58 Bhagwati Banq 88.1 18.26
TCS 1057.9 3.94 Shree Global Trd 364.3 9.07 Geometric 46.5 10.60
SBI 1989.1 3.78 Religare Enter 441.0 6.27 Career Point 295.3 10.39
RIL 851.5 3.73 Deccan Chron 59.9 6.02 C. Mahendra Exports 193.6 9.56
DLF 212.2 3.46 Sunteck Realty 291.0 5.68 Gujarat Inds 85.4 9.28
TOP 5 FRONTLINE LOSERS TOP 5 MIDCAP LOSERS TOP 5 SMALLCAP LOSERS
Name Rs % Name Rs % Name Rs %
ONCG 261.7 -2.86 Nava Bharat Vent 193.0 -4.48 Clarus Finance 136.2 -4.99
BHEL 1644.0 -0.81 Alfa Laval 2248.5 -4.39 Empower India 3.6 -4.99
- - - Bajaj Hind 47.0 -4.28 R.M. Mohite Inds 105.9 -4.98
- - - GODREJ PROP 666.8 -3.69 Prabhav Inds 60.4 -4.96
- - - NCC 68.9 -3.16 Shri Ganesh Spi 17.4 -4.92
BULK DEALS
SCRIP NAME CLIENT NAME TYPE QTY % PRICE
NSE
Everonn Education Limited JMP SECURITIES PVT LTD BUY 2.30% 329.5
K S Oils Limited VASANTI SHARE BROKERS LIMITED BUY 1.05% 12.3
UFLEX Limited WISDOMTREE TRUST BUY 2.55% 170.9
Novopan Industries INDIRA KRISHNA REDDY SELL 0.86% 43.9
Balrampur Chini Mills Barclays Capital Mauritius Limited SELL 0.87% 61.9
BSE
Arora Fibres GREENFIELD DEVELOPERS BUY 1.56% 27.5
BGIL Films S. K. INVESTMENTS BUY 1.89% 6.3
Gemstone Invest JINAL APURVA RAWAL SELL 2.25% 8.9
SV Electricals PARIND SUSHIL PAREKH SELL 1.80% 11.2
Sanraa Media JMP SECURITIES PVT LTD BUY 2.30% 0.1