Foreigners: Foreign institutional investors continued their buying, emerging as net buyers. They registered net inflow of Rs3,654 crore over the past fortnight.
Indians: Domestic investors played contrarian to their foreign counterparts. They remained net sellers to the tune of Rs3,471 crore.
Sentiment was positive, with buying activity across the world. Hang Seng was up 4%; Shanghai Composite, Bovespa, Taiwan Weighted were all up 3% each; the Nikkei and the Dow were up 2% each.
Shipping stocks were the major gainers last fortnight. Essar Shipping Ports & Logistics (up 30%), Varun Shipping Company, Mercator Lines (up 13% each) and Chowgule Steamships (up 12%) enjoyed splendid gains.