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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).

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).

The stock market opened lower, analysing the global market. The BSE Sensex fell 91.41 points to 28279.43 and the NSE Nifty declined 24.45 points to 8565.35. About 495 shares have advanced, 278 shares declined, and 71 shares are unchanged on the BSE. GAIL, Lupin and Wipro lost 1-3 percent post first quarter earnings. Vedanta and ICICI Bank slipped over 1 percent. However, Sun Pharma, Bajaj Auto, TCS, Axis Bank, Reliance Industries, Cairn India, BPCL and HCL Tech are early gainers.

The BSE Sensex gained 135.55 points at 27698.98 and the NSE Nifty rose 40.75 points to 8415.80. About 713 shares have advanced, 119 shares declined, and 64 shares are unchanged on the BSE. Cipla, HDFC, Axis Bank, BHEL, ONGC and Cairn India rallied 1-1.5 percent. However, ITC lost 0.6 percent ahead of earnings. GAIL, ICICI Bank, Tata Power and Ambuja Cements also declined.

The stock market has begun October arrangement on a flat note Monday subsequent to losing 1.4 percent a week ago. The BSE Sensex rose 41.93 points to 25905.43 and the Nifty NSE increased 10.45 points at 7878.95. Around 627 shares have progressed, 204 shares declined, and 48 shares are unaltered on the BSE. TCS, Lupin, SBI, Cipla, HDFC Bank, Tech Mahindra, Idea Cellular and Adani Ports picked up 1-2 percent. In any case, Tata Motors, Sun Pharma, Wipro, UltraTech Cement and Cairn India fell 1-2 percent.

The stock market has opened in red with volatility in the market. The BSE Sensex down 17.39 points to 26505.34 and NSE Nifty down 16.60 points to 8027.55. Vedanta gained more than 1 percent while cairn India fell 5 percent learned from the sources that both the companies going to discuss their merger this weekend.

The Realty, FMCG and Bankex records are down 0.2 percent each. The expansiveness is somewhat positive in the morning arrangements - out of 1,871 stocks exchanged on the BSE 944 stocks have propelled, while 856 stocks have declined. In the Oil & Gas space - Cairn India and BPCL have surged 2 percent every at Rs. 185 and Rs. 865, individually. Hindustan Petroleum has hopped more than 1.5 percent at Rs. 737.

Finance Minister P. Chidambaram appeared disappointed over the RBI move and said the government would walk alone to face the challenge of growth. The Reserve Bank of India (RBI) Tuesday cut cash reserve ratio (CRR) for banks by 0.25 percent but kept interest rates unchanged, despite pressure from the government. Stock Tips for short term holding by optiontips.in EID Parry Current: 225 Stop Lose: 215 Target: For More Details Read on: http://www.kyachadega.com/2012/10/rbi-vs-fm-by-optiontipsin.html