Wheel deal

Shree Renuka Sugars soared 24%, Shriram Transport zoomed 12%, while Bhushan Steel fell 4%

Gainers:
In the recent investor meetings on 5th July, Shree Renuka Sugars said that it is well placed to benefit from higher sugar prices, due to its sugarcane fields in Brazil and refineries in India. The company expects sugar prices to remain high, despite new capacity created in Brazil. Sugar...

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Indian market trends

The Sensex and the Nifty jumped 5% in the fortnight. The ML Mid-cap Index surged 7%, the ML Large-cap Index and ML Small-cap Index both climbed 6% each and the ML Mega-cap Index gained 5%, while the ML Micro-cap Index rose 4%.

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Fund flows

Foreigners: Foreign institutional investors were net buyers of stocks (Rs9,604.50 crore) in the fortnight. They invested Rs29,211.80 crore.


Indians: Domestic institutional investors were net sellers of equities (Rs4,319.79 crore). They sold stocks worth Rs14,148.20 crore in the fortnight.

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