The Bovespa soared 7%, the Shanghai Composite advanced 3%, while the NASDAQ Composite fell 2%. The FTSE, Nikkei and S&P 500 rose 1% each.
Steel companies were in demand during the fortnight. SAL Steel, Prakash Industries and Steel Authority of India surged 23%, 22% and 14%, respectively. Tata Steel advanced 10% and Uttam Value Steels rose 9%.
Software & IT Services companies were punished. Visesh Infotecnics tumbled 12%, while Acropetal Technologies, Spanco, Tata Elxsi and R Systems International tanked 10% each. Mindtree declined 9%.