NAVs close higher; all sectoral funds advance

Equity diversified NAVs closed higher with advance:decline ratio of 246:3 as benchmarks continued the uptrend for fourth consecutive session. Metal, telecom, Anil Dhirubhai Ambani Group (ADAG), healthcare, realty, select infrastructure and financial companies' shares supported markets along with ONGC and Infosys.

The 30-share BSE Sensex closed at 20,561, up 52 points and the 50-share NSE Nifty rose 23 points to 6,157. The broader indices outperformed benchmarks; the BSE Midcap Index was up 0.9% and Smallcap up 1.8%.

All sectoral funds advanced. Short term debt funds too ended higher while long term debt funds closed mixed; their advance:decline ratio stood at 95:17 & 43:40, respectively.

Equity diversified NAVs close higher

All sectoral funds advance

Short term debt funds end higher

Long term debt funds close mixed

Check out all mutual fund gainers & losers

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

Equity diversified: Top gainers

• HSBC Midcap Equity Fund (G) up 2.14%
• Reliance Infrastructure Fund - Retail Plan (G) up 2.02%
• HSBC Small Cap Fund (G) up 1.81%

Equity diversified: Top losers

• SBI Magnum Emerging Businesses Fund (G) down 0.53%
• Religare AGILE Fund (G) down 1.14%
• Principal Services Industries Fund (G) down 0.13%

Tax saving funds: Top gainers

• Tata Infrastructure Tax Saving Fund (G) up 0.65%
• Reliance Equity Linked Saving Fund - Series I (G) up 0.46%
• Birla Sun Life Tax Plan (G) up 0.15%

Tax saving funds: Top losers

• Religare AGILE Tax Fund (G) down 0.24%

Sector funds: Top gainers

• UTI Transportation and Logistics Fund (G) up 1.64%
• UTI MNC Fund (G) up 1.18%
• JM Basic Fund (G) up 0.73%

Sector funds: Top losers

• Reliance Media & Entertainment Fund (G) down 0.10%

Balanced funds: Top gainers

• Principal Conservative Growth Fund up 0.84%
• Tata Balanced Fund (G) up 0.58%
• ICICI Pru Child Care Plan - Gift Plan up 0.57%

Balanced funds: Top losers

• No Losers

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