Global market trends

The Bovespa gained 6%, the S&P 500 and the FTSE rose 2% each, while the Shanghai Composite fell 2% and the Hang Seng ended flat.

 

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What’s hot

Shares of cement companies were in demand during the fortnight. JK Lakshmi Cement soared 18%, Deccan Cements advanced 17%, Madras Cements and Heidelberg Cement India rose 15% each.

 

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What’s not

Shares of shipping companies were punished. Pipavav Defence & Offshore Engg Co tanked 21%, Mercator declined 7%, Bharati Shipyard fell 4%, Shipping Corp of India and Shreyas Shipping & Logistics slipped 3% each.

 

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