NAVs close with strong gains

Equity diversified NAVs closed strong with advance:decline ratio of 242:1, as the markets ended higher for the third consecutive day on the back of buying in banking & financial, metal, realty and oil & gas stocks along with L&T. However, FMCG, auto and cement stocks were under pressure.

The 30-share BSE Sensex closed at 16,158.28, up 94.38 points or 0.59%. The 50-share NSE Nifty finished at 4796.15, up 0.64% or 30.60 points.

All sectoral funds advanced.

• Equity diversified NAVs close strong
• All sectoral funds advance

Check out all mutual fund gainers & losers

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

Equity diversified: Top gainers

• Sundaram BNP Paribas Select Small Cap Fund (G) up 2.89%
• UTI Mid Cap Fund (G) up 2.80%
• DBS Chola Midcap Fund (G) up 2.76%

Equity diversified: Top losers

• Birla Sun Life Commodity Equities - Global Precious Metals Plan -RP (G) down 0.25%

Tax saving funds: Top gainers

• Bharti AXA Tax Advantage Fund - Eco Plan (G) up 2.64%
• Bharti AXA Tax Advantage Fund - Retail Plan (G) up 2.60%
• HSBC Tax Saver Equity Fund (G) up 2.20%

Tax saving funds: Top losers

• No Losers

Sector funds: Top gainers

• Tata Life Sciences & Technology Fund (G) up 3.00%
• Reliance Media & Entertainment Fund (G) up 2.29%
• UTI Banking Sector Fund (G) up 2.04%

Sector funds: Top losers

• ICICI Pru FMCG Fund (G) down 0.04%

Balanced funds: Top gainers

• ICICI Pru Child Care Plan - Gift Plan up 1.84%
• Escorts Balanced Fund (G) up 1.75%
• Tata Balanced Fund (G) up 1.63%

Balanced funds: Top losers

• Baroda Pioneer Children Fund - Gift Plan down 0.01%

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