Global market trends

The Hang Seng and the Shanghai Composite advanced 5% each, while the FTSE ended flat. The Nikkei declined 3%.

 

 

 

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What’s hot

Sugar companies were in demand during the fortnight. KM Sugar Mills, Rana Sugars, Uttam Sugar Mills and Simbhaoli Sugars soared 36%, 31%, 29% and 20%, respectively. Bajaj Hindusthan advanced 17%.

 

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What’s not

Software & IT services companies were punished. Tricom India, Info Edge (India), Tech Mahindra and Intense Technologies declined 11%, 10%, 7% and 6%, respectively. HCL Technologies and Mastek fell 3% each.

 

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