Global market trends

The FTSE, S&P 500, Bovespa, Hang Seng and NASDAQ Composite fell 2% each, while Shanghai Composite declined 9%.

 

 

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What’s hot

Textiles companies were in demand during the fortnight. Welspun Syntex, Nitin Spinners, PBM Polytex and Sutlej Textiles & Industries advanced 47%, 46%, 37% and 36%, respectively. JBF Industries rose 28%.

 

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What’s not

Telecom services companies were a mixed bag. Bharti Infratel and Bharti Airtel fell 5% and 2%, respectively, while Mahanagar Telephone Nigam and Reliance Communications advanced 6% and 7%, respectively.

 

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