Equity diversified NAVs finished the session on a strong note with advance:decline ratio of 249:3, as the benchmark Sensex closed the session on a positive note following upside in global markets. Buying in heavyweights like Reliance Industries, ONGC, Wipro, BHEL and NTPC kept the markets on the higher side throughout the session.
However, the profit booking was seen in banking and financials, FMCG, realty, auto, private power and select technology companies' shares, which capped the gains to major extent.
The 30-share BSE Sensex closed at 17,584.87, up 75.07 points or 0.43% and the 50-share NSE Nifty rose 0.5% or 25.95 points, to settle at 5,259.90. The broader indices outperformed the benchmark indices; the BSE Midcap Index was up 0.86% and Smallcap up 1.2%.
All sectoral funds advanced. Long and short term debt funds also ended higher.
- Equity diversified NAVs close on a strong note
- All sectoral funds advance
- Long and short term debt funds end higher
Check out all mutual fund gainers & losers
Here is the day’s performance and the gainers and losers across categories.
Equity diversified: Top gainers
- ING Midcap Fund (G) up 1.53%
- Reliance Long Term Equity Fund (G) up 1.49%
- Canara Robeco Emerging Equities (G) up 1.46%
Equity diversified: Top losers
- ICICI Pru Indo Asia Equity Fund - Retail Plan (G) down 0.41%
- JM Multi Strategy Fund (G) down 0.39%
- Tata Growing Economies Infrastructure Fund - Plan A (G) down 0.12%
Tax saving funds: Top gainers
- ING Tax Saving Fund (G) up 1.52%
- Bharti AXA Tax Advantage Fund - Retail Plan (G) up 1.10%
- UTI Long Term Advantage Fund (G) up 1.07%
Tax saving funds: Top losers
Sector funds: Top gainers
- Religare PSU Equity Fund (G) up 1.25%
- JM Telecom Sector Fund (G) up 1.15%
- UTI Energy Fund (G) up 0.96%
Sector funds: Top losers
Balanced funds: Top gainers
- HDFC Prudence Fund (G) up 0.77%
- Sundaram BNP Paribas Balanced Fund - Regular Plan (G) up 0.68%
- Tata Balanced Fund (G) up 0.67%
Balanced funds: Top losers
- Escorts Balanced Fund (G) down 0.29%
- JM Balanced Fund (G) down 0.17%
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