Global market trends

The Hang Seng, FTSE, Korean Composite and NASDAQ Composite rose 2% each; S&P500 went up by 1%, while the Shanghai Composite declined 3%.

 

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What’s hot
Cement companies were in demand during the fortnight. JK Lakshmi Cement and India Cements soared 14% each; and Prism Cement, Shree Cement and Ambuja Cements advanced 10% each.
 

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What’s not
Steel companies were punished. NMDC, Ramsarup Industries and Steel Authority of India declined 13%, 11% and 9%, respectively. Tata Steel fell 6%, while Jindal Steel & Power rose 2%, Kalyani Steels advanced 4%.
 

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