Weekly Wrap. Market Outlook. Market Overview. 4-Oct-10 F U N D A M E N T A L S. International Scoreboard

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1 Indices Current week Previous week % 1 wk return SENSEX 20, , % CNX Nifty 6, , % MIDCAP 8, , % SMLCAP 10, , % AUTO 9, , % OIL&GAS 10, , % REALTY 3, , % METAL 17, , % BANKEX 14, , % IT 6, , % FMCG 3, , % CD 6, , % TECk 3, , % CG 16, , % PSU 10, , % Market Overview Indian equity benchmarks rallied for fifth consecutive week on back of consistent inflow of funds from foreign institutional investors (FIIs). The Sensex closed at , up points and the Nifty was at , up points. On weekly basis both the indices closed up by around two percent. On sectoral front the major gainers were Metal, Realty and Capital Goods sector stocks whereas the marginal losers were only Oil & Gas and FMCG sector stocks. The market breadth was 2148 the advances were 1105 Shares declined and 154 shares remained unchanged. International Scoreboard Indices Current week Previous week % 1 wk return DOWJONES 10, , % NASDAQ 2, , % FTSE 5, , % SHANGHAI 2, , % HANG SENG 22, , % JAKARTA 3, , % NIKKEI 9, , % STRAITS TIMES 3, , % KOSPI 1, , % Institutional Activity (Rs. Cr.) Date FII MF 09/29/ /28/ /27/ /24/ /23/ Market Outlook Global markets are positive today and our markets may also open in green, we expect the positive trend to continue for our markets. All eyes will be on the beginning of the result season which can be a potential trigger for our markets going forward. FII s are still going strong on India in terms of investment. We expect nifty to trade in the broader range of levels for the day. We are cautiously positive on markets.

2 UNITECH LTD ALSTOM POWER GLENMARK PHA STEEL AUTH CADILA HEALT VIDEOCON IND SINTEX IND RENUKA SUGAR JSWSL 1, , HINDALCO TOP LOSERS - A GROUP PIPAVAVSHIP NAGAR.CONST JAIN IRRIG 1, , HIND.PETRO IRB INFRA IVRCL INFRAS IDEA CELL ASIAN PAINTS 2, , INDIAN OIL BHARAT PET TOP GAINERS - B2 GROUP INDIAN SUCRO MAHA.RUBTECH MASTER TRUST VIJAY TEXTIL SUJANATOWER NU-TECH CORP VERTEX SPG DHAM SUGAR RAMA PAPER TOP LOSERS - B2 GROUP KOUTONS RET JMD TELEFILM MANGALAM TIM MOTOR&GEN.FI SUPER CROP POLYMECH.MCH ARIHANT CAP SIGRUN HOLD NCJ INTERNAT PHYTOCHEM I Corporate News IDBI Bank Ltd plans to raise USD 2-3 billion in the next twelve months Tata Motors plans to raise USD 525 million through a qualified institutional placement of ordinary and differential voting rights shares as part of its Rs 47 billion fundraising plan, aimed mainly at reducing debt. Jindal Steel and Power will start commercial production from the Shadeed Iron & Steel plant in Oman, which it acquired recently for $464 million, by the last quarter of the current fiscal. Capacity utilisation of the plant would be ramped to 80% by Shadeed is a 1.5-milliontonnes-a-year, gasbased, hot-briquetted iron plant in the Sohar Industrial Port area. JUBILANT Organosys has offered to buy 17.6% stake in US-based Cadista Holdings for 28 crore to make it a wholly-owned company. L&T has sold 2.42 per cent stake in Mahindra Satyam for Rs crore through open market transactions. RELIANCE Industries approached banks to help it raise at least $1 billion from a bond sale. R-Infra has started the Rs 1,985 crore widening work on the 140km-long Pune- Satara highway from October 1."The project will begin with the operations of the toll collection booths and widening of the roads from the existing four-lanes to six-lanes at a cost of Rs 1, crore,"

3 Corporate Announcements Company Name Announcement Minal Engg Bonus Issue 2:3 Havells India Bonus Issue 1:1. Ex-date 08/10/2010. Oriental Hotels ltd. Board to consider Stock Split. Ram Ratna Wires Stock Split from Rs. 10 to Rs. 5. Ex-date 14/10/2010. Nissan Copper Ltd Stock Split of Rs. 10 to Re. 1 Supreme Industries Ltd Board to consider Stock-split / Sub-division of Equity Shares. Ex- date 18/10/2010. Parsvnath Developers Limited Stock Split from Rs. 10 to Rs. 5. Ex- date 18/10/2010. Unichem Laboratories Limited Stock Split from rs. 5 to Rs. 2. Ex- date 21/10/2010. Genus Power Infrastructures Limited Stock Split from rs. 10 to Re 1. Ex date 22/10/2010. Sintex Industries Limited Stock Split from rs. 2 to Re. 1. Ex- date 27/10/2010. Buy back of equity shares for not exceeding Rs.60. the maximum number of shares will be up to e equity shares. The minimum number of shares for buy back will be equity shares. Date of commencement of Buyback - April 12, Last Date for the Buyback FDC - December 20, HUL Board approves Share Buyback at a maximum price of Rs. 280 per share approved the proposal for buy-back of Company's shares at a price not exceeding Rs. 280/- per share and upto an aggregate amount of Rs. 630 Crores, being within 25% of the paid up Hindustan Unilever Ltd. share capital and free reserves as per the audited balance sheet as at March 31, NOTE: New announcements are highlighted and will remain the same for three days.

4 10/4/2010 Name of company 4

5 10/4/2010 Name of company DISCLAIMER: This report has been issued by Share & Stock Brokers Ltd (ARSSBL), which is regulated by SEBI. The information herein was obtained from various sources; we do not guarantee its accuracy or completeness. Neither the information nor any opinion expressed constitutes an offer, or an invitation to make an offer, to buy or sell any securities, options, future or other derivatives related to such securities ( related investment ). ARSSBL and its affiliated may trade for their own accounts as market maker/ jobber and /or arbitrageur in any securities of this issuer(s) or in related investments, and may be on the opposite side of public orders. ARSSBL, its affiliates, directors, officers, and employees may have a long or short position in any securities of this issuer(s) or in related investment banking or other business from, any entity mentioned in this report. This research report is prepared for private circulation. It does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this report. Investors should seek financial situation and the particular needs of any specific investing in any securities or investment strategies discussed or recommended in this report and should understand that statements regarding future prospects may not be realized. Investors should note that income from such securities, if any, may fluctuate and that each security's price or value may rise or fall. Past performance is not necessarily a guide to future performance. Foreign currency rates of exchange may adversely affect the value, price or income of any security or related investment mentioned in this report. 5