Fund Flows

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.

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Global Market Trends

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.

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What's Hot

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.

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