Sep 21, 2010, 10.59 AM IST | Source: Moneycontrol.com

NAVs advance sharply as markets rally

Equity diversified NAVs ended higher with advance:decline ratio of 241:6 as benchmarks posted smart rally on Monday led by FMCG, financial, telecom, auto, oil & gas and metal companies' shares.

NAVs advance sharply as markets rally

Equity diversified NAVs ended higher with advance:decline ratio of 241:6 as benchmarks posted smart rally on Monday led by FMCG, financial, telecom, auto, oil & gas and metal companies' shares. The rally was also aided by positive global cues.

The 30-share BSE Sensex closed at 19,906.10, up 311.35 points or 1.59% and the 50-share NSE Nifty rose 95.50 points or 1.62% to settle at 5,980.45.

All sectoral funds advanced. Even long and short term debt funds closed with positive returns; their advance:decline ratio stood at 76:2 & 111:1, respectively.

  • Equity diversified NAVs end higher
  • All sectoral funds advance
  • Long and short term debt funds close with positive returns
Check out all mutual fund gainers & losers

Here is the day's performance and the gainers and losers across categories.

Equity diversified: Top gainers

Equity diversified: Top losers

  • Birla Sun Life Commodity Equities - Global Multi Commodity Plan - RP (G) down 0.65%
  • Principal Global Opportunities Fund (G) down 0.88%
  • Religare AGILE Fund (G) down 1.08%
Tax saving funds: Top gainers

  • HDFC Long Term Advantage Fund (G) up 1.51%
  • Reliance Equity Linked Saving Fund - Series I (G) up 1.34%
  • Religare AGILE Tax Fund (G) up 1.29%
Tax saving funds: Top losers

  • No Losers
Sector funds: Top gainers

  • ICICI Pru FMCG Fund (G) up 2.80%
  • JM Telecom Sector Fund (G) up 1.68%
  • UTI MNC Fund (G) up 1.59%
Sector funds: Top losers

  • No Losers
Balanced funds: Top gainers

  • Principal Balanced Fund (G) up 1.00%
  • JM Balanced Fund (G) up 0.99%
  • Sundaram BNP Paribas Balanced Fund - Regular Plan (G) up 0.98%
Balanced funds: Top losers

  • No Losers

For more Mutual Fund News click here

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