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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ML sectoral trends

Shares of telecom equipment companies, textiles companies, education companies and cement companies advanced 13%, 10%, 9% and 7%, respectively. Stocks of telecom services companies, glass companies and non-ferrous metals companies declined 2% each. Stocks of shipping companies fell 1%. Stocks of retail companies declined 3%.

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