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
2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | News Archive
Most Viewed Companies
Ticker Price Volume
SABIC 82.78 11,069,777
SAGRINSURANCE 21.14 650,331
SPIMACO 36.51 289,359
RIBL 14.87 1,835,693
EMAAR 6.7 16,810,166
STC 60.8 1,464,031
SECO 16.58 2,584,681
Recent News

Feasibility study into copper-gold project begins
Australian-based minerals exploration and mining development company Alara Resources Limited has announced the formal launch of a study into the feasibility of establishing an 800,000 tonnes per ann

Oman, Gulf bourses recover on rally in oil market
Oman stock market, along with other Gulf bourses, staged a smart rally after crude oil prices had the biggest weekly jump in more than six years. The Muscat Securities Market recovered 1.51 per cent

Sultanate's sovereign wealth fund, Oman Oil join hands
State General Reserve Fund (SGRF), Oman’s sovereign wealth fund, and Oman Oil Company (OOC), the government’s investment arm in the energy sector, have signed a cooperation agreement to build a strat

Oman’s Islamic banking could achieve 17% of total banking asset in 5 y
Islamic banking in Oman could achieve around 15 to 17 per cent of the total banking asset within the next five years in normal market conditions with recovery and stability in the oil market, says a

Salalah Mills plans to build OMR7.5m-flour mill
Salalah Mills Company is planning to build a new flour mill with a production capacity of 600 tonnes per day in a move to develop the company as the biggest flour mill in Oman and one of the largest

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

Poll

Which of the following do you think is the best long-term investment?