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STOCK NEWS AND UPDATES :-
1. Mahindra & Mahindra Ltd. (M&M Ltd.), India’s leading SUV manufacturer, today announced a 22% rise in its auto sales numbers, which stood at 45836 units during August 2012 as against 37684 units during August 2011.
2. HSBC China manufacturing PMI falls to 47.6 in August from 49.3 in July.
3. PMI at lowest level since March 2009.
4. Sharp falls in HSBC and official PMIs reveal manufacturing sector problems.
5. Economists call for more monetary loosening to boost economy.
INDIAN STOCK MARKET TIPS
1. Sell HDIL fut 68 tgt 62 sl 70.50.
2. Buy JSW steel 696 sl 683 tgt 715
3. Buy KPIT @ 127.5 SL 124 Target 137-1-2 Days.
4. Buy Apollotyre FUT 93.50 SL 92 Tgt 97.
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MCX SILVER INTRADAY TIPS TODAY
SELL SILVER DEC 60800 SL 61200 TGT 60000 58800
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