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    HomeNewsBusinessMutual FundsNAVs end strong as markets surge

    NAVs end strong as markets surge

    Equity diversified NAVs ended strong with advance:decline ratio of 253:3 as the Indian equities snapped a six-day losing streak on Wednesday led by a sharp pullback as markets looked oversold in previous sessions with the loss of around 1350 points on the Sensex.

    January 13, 2011 / 10:58 IST

    Equity diversified NAVs ended strong with advance:decline ratio of 253:3 as the Indian equities snapped a six-day losing streak on Wednesday led by a sharp pullback as markets looked oversold in previous sessions with the loss of around 1350 points on the Sensex. The Nifty added more than 100 points on heavy volumes; volume largely supported by F&O segment.



    The 30-share BSE Sensex settled at 19,534.10, with gain of 337.76 points or 1.76% and the 50-share NSE Nifty added 109.15 points (or 1.9%) to end at 5,863.25, after seeing recovery of 152 points from day's low of 5,711.30.


     


    All sectoral funds advanced, Long and Short term debt funds too closed with positive returns; their advance:decline ratio stood at 73:4 & 108:3, respectively.


    • Equity diversified NAVs end strong
    • All sectoral funds advance
    • Long and Short term debt funds advance

    Check out all mutual fund gainers & losers

    Here is the day
    first published: Jan 13, 2011 12:07 am

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