Do you need to have macau Visa separately though u have Hong Kong entry permit?

Hi i am from India. I will be in Hong kong for 3 days in october 2015. Then want to visit macao for 24 hours. And then i want to go shenzhen. I have got chinese M type single entry. Once i will have Hong Kong on arrival entry permit, do I need to have macao entry permit separately though I have Hong Kong entry permit?