Global market trends

Bovespa and Hang Seng advanced 9% and 6%, respectively, while Nikkei and Nasdaq Composite rose 2% each. FTSE rose 4%.

 

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What’s hot

Sugar companies were in demand during the fortnight. Dwarikesh Sugar Industries, Dhampur Sugar Mills and Bajaj Hindusthan Sugar soared 57%, 42% and 39%, respectively. KCP Sugar & Industries advanced 32%.

 

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What’s not

Media companies were punished. Sun TV Network and Dish TV India declined 6% each; Hinduja Ventures, Den Networks, HT Media and Hathway Cable & Datacom fell 3% each.

 

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