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Trade4Target : Nifty First Time Crossed 8,200 Mumbai: The BSE Sensex and the NSE Nifty soared to hit new all-time highs of 27,493.59 and 8,214.65 points, respectively, in opening trade Friday on sustained fund inflows, driven by a slew of economic reforms announced by the government amidst optimism over strong corporate earnings.

Rising for the sixth consecutive session, the benchmark BSE Sensex gained over 49 points in Monday morning trade on sustained foreign capital inflows amidst hopes of more reforms by the government.

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The market extended its southward journey for the second trading session of the October month with the Sensex falling 296.02 points or 1.11 percent to 26271.97 on Tuesday. The Nifty closed way below the 7900, down 93.15 points or 1.17 percent to 7852.40. About 1120 shares advanced while 1762 shares declined on the BSE. Hindalco Industries, Sesa Sterlite, Cipla, Dr Reddy's Labs, HDFC, DLF, Jindal Steel and Cairn India were top losers, falling 3-6 percent while NTPC, Gail India and Power Grid bucked the trend, up 1-1.5 percent followed by Tata Motors, Wipro and Tata Power with marginal gains. Today Stock Tips Kitex Garments Limited for long term buy Cmp:338rs Target:475rs Return percentage:40% Duration:9-12 months 5 year CAGR return expected:25-30% 5 year target potential range:1031rs-1254rs Kitex Garments Ltd manufactures toddler wear for most of the international brands such as MotherCare, Toys R Us, Gerber etc and is ranked as the third largest company of such type in the world.Company also supplies to jockey.Group employees to over 8000 peeps.It is the only company in the world which uses Acutex 1 quality of input.Add up more safety features like 100% certified safe process and organic dyes using threads from the number 1 codes etc which makes it the most favorable supplier for infant clothes.The company has to its credit the Best Vendor Award from Toys R Us and Gerber for the past couple of years(among over 280 rivals).

Stock market cautious remains on weak global cues During the week (monday to friday), the markets initially saw range-bound trading but witnessed a sharp fall just before it closed on Thursday on weak global cues. The BSE Sensex slipped 350 points on October 16 to close at 25,999 on Trade4Target. Even on Friday it opened weak and was trading in the negative on Trade4target.

Awarded prominent real estate professional youngsters : trade4target Best Entrepreneur in Construction Group Manik Munot, Kalpataru Group was awarded Best Entrepreneur in Construction Group. Kashish Belani from Belani group was felicitated with Best Entrepreneur in Developers Group for seven townships across India with exquisite development. Luxury Category Awards Abhishek Lodha from the prominent Lodha Group was starred as the Best Entreprenuer under 30. The Lodha Group recently undertook the much-hyped The Trump Tower under it banner, under the his Abhishek Lodha's leadership. Best Newcomer Awards Best Newcomer under 30 was awarded to Aakarshit Madaan, IIL for various prime projects in central India over the course of last one year.