Global market trends

Shanghai Composite rose 2%, while Bovespa and Taiwan Weighted ended flat. Nikkei declined 5%, while FTSE and S&P 500 declined 3% each.

 

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What’s hot

Media companies were in demand during the fortnight. Sandesh, DQ Entertainment (International) and New Delhi Television advanced 41%, 33% and 23%, respectively. Hindustan Media Ventures rose 4%. 

 

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What’s not

Steel companies were punished. SAL Steel, Jindal Steel & Power, Ramsarup Industries and Sesa Sterlite declined 15%, 10%, 9% and 5%, respectively. NMDC and Rathi Steel & Power fell 4% each.

 

 

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