01st September 2010 Daily Recommendations

01st Sept. 2010 Morning Market Updates  08:55

FYI
Note:Follow Buy Recommendations in Positive market bias and v.v.
Recommendations:
Buy:
Bhartiartl Abv 330 sl 325 T 340
ICICIBank Abv 981 sl 975 T 992
Idea sl 70.8 T 73
LT Abv 1826 sl 1810 T 1848
M&M sl 620 T 637/644 P
Maruti sl 1237 T 1298 P
Relinfra sl 990 T 1032 P
Rpower Abv 154 sl 152 T 156
Ster Abv 153 sl 150 T 158 Low Risk
Wipro Abv 401 sl 396 T 407
Canbk sl 509 T 520
Mcdowell-n sl 1422 T 1452
Tulip sl 168 T 175

Sell:
Jindalstel Bel 682 sl 689 T 674
PNB Bel 1177 sl 1189 T 1162
BPCL sl 766 T 752
Hindunilvr Bel 262 sl 265 T 257
Bajaj-auto sl 2744 T 2713
Federalbnk sl 343 T 331
Hindpetro Bel 523 sl 528 T 513
Ultracemco sl 912 T 888
Jetairways sl 732 T 710
 

US Market Updates :

U.S. stocks finished a lackluster session little changed on Tuesday but finished the month with their worst August performance since 2001 as concerns about the economy continued to pile on.Stocks still posted steep losses for the month as investors lowered their expectations for economic growth in response to a flood of weak data in August. The Dow shed 4.3% this month, its first down August in five years and the blue-chip measure's worst August since 2001. The Dow Jones Industrial Average /quotes/comstock/10w!i:dji/delayed on Tuesday rose 4.99 points to end at 10,014.72. While the Nasdaq Composite fell 5.94 points to 2,114.03 on Tuesday.