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LALKAR

THE DAY ON DALAL STREET


Monday, 15th November, 2010

Indian Market Round Up

In Focus Market Action Technically


Market News Flow INDEX WATCH
INDEX CLOSE %
HPCL plans to invest Rs. SENSEX 20309.69 0.76
130bn in Vizag refinery NIFTY 61205.25 0.82

India's exports climb 21% SECTORAL WATCH)


yoy in October BANKEX 14,509.60 2.43
HC 6,655.70 1.07
Yes Bank avails US$25mn IT 6,098.94 0.86
term loan from Wells Fargo AUTO 10,209.80 0.83
TECk 3,706.14 0.71
Bank Equity benchmarks strengthened in PSU 10,086.39 0.62
last couple of hours after a FMCG 3,679.20 0.56
HMT spurts on buzz of consolidation as well as sell-off since METAL 17,108.92 0.56
rescue plan from previous week. The benchmark Nifty CG 16,049.29 0.01
government closed above 6100 level and the OIL&GAS 10,716.69 -0.15
Sensex added more than 150 points, POWER 3,112.06 -0.20
Supreme Court asks Sensex closed at 20309.69 and nifty CD 6,893.07 -1.13
Vodafone to deposit Rs closed at 61205.25. REALTY 3,448.54 -1.43
25bn in 3 weeks
The sectors which witnessed buying MAJOR GAINERS (NSE)
SBI vaults on overseas are financial, technology, FMCG and Company Close %
acquisition buzz metal companies' shares. A short Gain
covering after a sell-off in last week SBI 3,163.50 4.52
Tecpro Systems bags order was another reason behind this Cipla 343.85 4.31
worth Rs 940mn bounce back. M&M 799.95 3.47

Hindustan Copper plunges ADAG stocks like Reliance Capital, MAJOR GAINERS (BSE)
on buzz of FPO likely to be Reliance Infrastructure and Reliance Company Close %
priced at steep discount Power were down 3.3%, 2.16% and Gain
0.71%, respectively. DLF from realty SBI 3,164.15 4.41
Sun shines on Sun Pharma segment lost 1.5%. In cement space, Cipla 343.60 4.15
after record date for stock ACC and Ambuja Cements were M&M 799.95 3.30
split down 1-2%.
MAJOR LOSERS (NSE)
Bafna Pharma wins UK In midcap space, MVL, Wockhardt, Company Close %
70
MHRA nod for Amlodipine Loss
CMC, Syndicate Bank and HMT were
tablets up 6-13% while Dishman Pharma, Rel Capital 758.15 3.32
IBN18 Broadcast, AIA Engineering, Reliance
1,026.75 2.16
Unity Infra wins two new Infra
IVRCL Assets and Chambal Fertiliser
projects Ambuja
declined 4-6% 155.25 2.05
Cements
BHP Billiton withdraws offer In smallcap space, Prakash Steelage,
to acquire PotashCorp; MAJOR LOSERS (BSE)
Aditya Birla, Hindustan Motors,
reactivates buy-back Company Close %
Newtime Infra and Orient Abrasive
shares Loss
shot up 9-13% while Garware Poly
Reliance
was locked at 20% lower circuit. 1,029.60 1.69
Reliance Infra to develop Infra
Polyplex Corp, Gitanjali Gems, Uflex DLF 322.05 1.68
25 projects worth Rs400bn and Rico Auto lost 7.7-10%. NTPC 189.75 1.25

5th Floor, Crescent Chamber, Tamarind Lane, Fort, Mumbai - 400 001, India T: +91 22 2265-2626, F: +91 22 2265-1642. PAGE 1
Stock Ratings
Positive Ratings
Buy (B) – This rating means that we expect the stock price to move up and achieve our specified price target, if any, over the specified time period.
Buy at Declines (BD) – This rating means that we expect the stock to provide a better (lower) entry price and then move up and achieve our specified price target, if
any, over the specified time period.
Outperform (OP) – This is a relative rating, which means that we expect the stock price to outperform the specified market/sector index over the specified time
period.
Neutral Ratings
Hold (H) – This rating means that we expect no substantial move in the stock price over the specified time period.
Market perform (MP) – This is a relative rating, which means that we expect the stock price to perform in line with the performance of the specified market/sector
index over the specified time period.
Negative Ratings
Sell (S) – This rating means that we expect the stock price to go down and achieve our specified price target, if any, over the specified time period.
Sell into Strength (SS) – This rating means that we expect the stock to provide a better (higher) exit price in the short term, by going up. Thereafter, we expect it to
move down and achieve our specified price target, if any, over the specified time period.
Underperform (UP) – This is a relative rating, which means that we expect the stock price to underperform the specified market/sector index over the specified
time period.
Avoid (A) – This rating means that the valuation concerns and/or the risks and uncertainties related to the stock are such that we do not recommend considering the
stock for investment purposes.

ANALYST DISCLAIMER

This document has been prepared by Lalkar Securities Pvt. Ltd. This report is the personal information of the authorized recipient and does not construe
to be any investment, legal or taxation advice to you. This document does not constitute an offer or solicitation for the purchase or sale of any financial instrument or
as an official confirmation of any transaction.

We, at Lalkar Securities Pvt. Ltd., have prepared this report based on the data we consider reliable, but we do not vouch it to be accurate or complete, and
it may not be relied upon as such. Lalkar Securities Pvt. Ltd. does not in any way be responsible for any loss or damage that may arise to any person due to the
content in the report. Each recipient of this document should make an independent valuation of their own in the securities referred to in this report.

Besides, the data in this document is subject to change without prior notice and is intended only for the person or entity to which it is addressed to and
may contain confidential and/or privileged material and is not for any type of circulation. Any review, retransmission, or any other use of the report and the content
within, is prohibited.

For detailed disclaimer please visit http://www.lalkar.in.

Disclosure of Interest
1. The analysts who have prepared the report have in no way received or are expected to receive any compensation from the subject company.
2. The analysts may or may not hold any position in the subject company’s stock, as on the date of release.
3. Neither the company nor an affiliate company Lalkar Securities Pvt. Ltd. has received a mandate from the subject company.
4. Lalkar Securities Pvt. Ltd., or its affiliates do not hold any paid up capital in the company

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