Global market trends

The FTSE and Korean Composite rose 1% each, while NASDAQ Composite, Nikkei, Taiwan Weighted and S&P 500 ended flat.

 

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What’s hot
Hotel companies were in demand during the fortnight. TGB Banquets & Hotels, Viceroy Hotels, EIH Associated Hotels and Taj GVK Hotels & Resorts advanced 37%, 35%, 24% and 20%, respectively.
 

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What’s not

Lifestyle & leisure companies were punished. United Spirits, Sayaji Hotels, Radico Khaitan and Wonderla Holidays declined 13%, 11%, 9% and 8%, respectively. Golden Tobacco and Cox & Kings fell 2% each.

 

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