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Monday, February 3, 2014

DAILY EQUITY REPORT 4 TH FEBRUARY 2014


INDIAN FACE


INDIAN EQUITY BENCHMARK ended lower, amid weak global
cues, as weak economic data from China, the world's second
largest economy, raised worries that the global growth is still
struggling. The HSBC’s Manufacturing Purchasing Manager
Index rose to 51.4 in January its highest since March 2013
against 50.7 in December.

 Further, Coal India produced 47.38 MT of coal in January,
against its target of 49.44 MT. The company achieved an
offtake of 44.44 million tonnes during the month as against
the target of 47.24 MT.

Sales of SAIL grew by 8% during the April-January period of
current fiscal at 9.48 million tonnes.

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