Global market trends

The NASDAQ Composite advanced 3%, while the Shanghai Composite and the FTSE ended flat. The Bovespa fell 2%.

 

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What’s hot

Steel companies were in demand during the fortnight. Ramsarup Industries, Kalyani Steels and Rathi Steel & Power advanced 26%, 25% and 22%, respectively. Steel Authority of India rose 19%.

 

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What’s not

Refineries companies were a mixed bag. Chennai Petroleum Corp and Reliance Industries declined 7% and 3%, respectively. Indian Oil Corp and Mangalore Refinery & Petro rose 1% each.

 

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