Global market trends

Shanghai Composite, Hang Seng, Nikkei and Taiwan Weighted advanced 3% each. S&P 500 and NASDAQ Composite rose 2% each. The FTSE rose 1%. 

 

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What’s hot

Sugar companies were in demand during the fortnight. Dwarikesh Sugar Industries, Dalmia Bharat Sugar & Industries and Rajshree Sugars & Chemicals advanced 59%, 58% and 50%, respectively.

 

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What’s not

Oil & gas companies were a mixed bag. Oil & Natural Gas Corp and Oil India declined 5% and 3%, respectively. Hindustan Oil Exploration Co, Selan Exploration Technology and Cairn India advanced 10% each.

 

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