Friday, November 27, 06:22 pm IST
Hot Searches:  mahindra satyamITCtata steel
| Feedback
Moneycontrol » News Center » Mutual Funds » News
NAVs end sharply higher
Published on Mon, Jun 29, 2009 at 22:09   |  Updated at Tue, Jun 30, 2009 at 09:40  |  Source : Moneycontrol.com

Equity diversified NAVs ended higher with advance:decline ratio of 230:8. The markets closed with marginal gains. Shares of oil & gas, metal, real estate, banking (barring ICICI Bank) and select infrastructure companies helped the benchmark indices. However, selling in technology and cement along with HDFC, Tata Motors, Suzlon, Sun Pharma, Reliance Communication, ITC, Idea, Tata Power and Hero Honda put pressure on the markets.

The 30-share Sensex closed at 14,785.74, up 21.10 points or 0.14%. The 50-share NSE Nifty rose 0.35% or 15.45 points, to settle at 4,390.95.

On the sectoral front, banking and FMCG funds advanced while pharma and technology funds declined.

  • Equity diversified NAVs end higher
  • Banking and FMCG funds advance
  • Pharma and technology funds decline

Check out all mutual fund gainers & losers

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

Equity diversified: Top gainers

  • JM HI FI Fund (G) up 2.86%
  • Escorts Growth Plan (G) up 2.64%
  • Escorts Infrastructure Fund (G) up 2.28%

Equity diversified: Top losers

  • Birla Sun Life Commodity Equities - Global Precious Metals Plan -RP (G) down 1.91%
  • Birla Sun Life Commodity Equities - Global Multi Commodity Plan - RP (G) down 0.81%
  • Kotak Global India Scheme (G) down 0.65%

Tax saving funds: Top gainers

  • Escorts Tax Plan (G) up 1.99%
  • JM Tax Gain Fund (G) up 1.55%
  • Taurus Tax Shield (G) up 1.36%

Sector funds: Top gainers

  • JM Financial Services Sector Fund (G) up 2.79%
  • Reliance Media & Entertainment Fund (G) up 2%
  • Reliance Media & Entertainment Fund (Bonus) up 2%

Sector funds: Top losers

  • Franklin Infotech Fund (G) down 1.81%
  • Kotak Tech down1.62%
  • Reliance Pharma Fund (Bonus) down 1.01%

Balanced funds: Top gainers

  • Escorts Balanced Fund (G) up 2.26%
  • HDFC Childrens Gift Fund - Investment Plan up 1.26%
  • HDFC Prudence Fund (G) up 1.22%

For more Mutual Fund News click here

More news from MF News

What's your Opinion

WHAT OTHERS LIKE
  • Most Read
  • Most Viewed
24 Hours
7 Days
1 Month
NEWS FROM OUR PARTNERS
©Network 18, 2009. All Rights Reserved