NAVs end higher as market gains


26/04/2012 23:08 AST

Equity funds advanced as the BSE Sensex bounced back on Tuesday after a fall of more than 400 points in previous two sessions. Large cap funds, ELSS, Balanced funds closed in a positive terrain with the ratio of 69: 8, 37: 11 and 14:60, while Diversified Equity ended flat with the ratio of 64: 31 respectively. Small & Mid Cap and Infrastructure funds were seen losing the most among equity category with the advance: decline ratio of 14:31 and 2: 28 respectively.

Among sector funds, FMCG and Techonlogy funds were among the top gainers, while Banking & Finance registered with mixed returns with the advance: decline ratio of 4:6. Pharma & Healthcare closed with negative returns witnessing no gainers.

The Sensex was up by 110.61 points closed at 17,207.29 while Nifty rose 22.05 points to close at 5,222.65. Tata Consultancy Services (TCS) shouldered most of the upmove in a listless trade, though rival Infosys also made good its losses.

For more on this Click Here

Money Control
Global News
2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | News Archive
Most Viewed Companies
Ticker Price Volume
QNBK 139 29,619
SABIC 81.25 5,677,189
RIBL 10.9 872,036
SIBC 12.43 94,492
TAWUNIYA 92.84 269,681
DARALARKAN 6.27 119,154,209
AMLAK 1.32 12,016,114
Recent News

Bahrain gets cracking with needed refinery expansion
After much delay, the expansion of the Bapco Sitra Refinery in Bahrain is finally underway. The project was conceived in 2012 and with a launch date in 2017. But delays have now shifted the completio

Sterling’s fall a boon for British expatriates in UAE
British expatriates garnered a tidy little windfall on the back of the pound’s crash since the referendum result. The value of the sterling tumbled from US$1.48 (Dh5.43) on Thursday night, touchin

Dubai Islamic Bank says Dh3.2bn rights issue three times oversubscribe
Dubai Islamic Bank, the biggest Sharia-compliant lender in the emirate, said its Dh3.2 billion capital increase was nearly three times oversubscribed.

It said the rights issue will increas

Dubai’s Damac awards Dh3bn of contracts in first half of 2016
The Dubai developer Damac Properties said yesterday it has awarded 25 construction and consultancy contracts worth Dh3 billion in the past six months.

Damac said the contracts awarded incl

Gold rush underway in the UAE
Starting Friday afternoon, jewellery stores in the UAE and other Gulf markets recorded a marked increase in footfall as shoppers tried to stay one step ahead of further increases in gold prices. The

GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Looking ahead, what change you are more likely to make in investing in your domestic stock market?