NAVs end higher as market gains


26/04/2012 23:08 AST  Money Control

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

Global News
2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | News Archive

JAN | FEB | MAR | APR
Most Viewed Companies
Ticker Price Volume
SECO 14.32 2,905,570
GFH 0.19
DARALARKAN 13.04 97,819,880
STC 65.96 1,623,412
AKHI 40 1,183,119
EMAAR 10.8 38,418,273
ARTC 8.74 136,335,909
Recent News

NBAD Stars Loyaltycard Named Best Prepaid Card
The National bank of Abu Dhabi’s NBAD Stars Prepaid Card has won a prominent recognition as the best prepaid gift card at a recent industry awards event.

The NBAD Stars Prepaid Card, a loy

Emirates NBD Beats Estimates With 25% Quarterly Profit Jump
Emirates NBD PJSC (EMIRATES), the biggest bank by assets in the United Arab Emirates, beat analysts’ estimates with a 25 percent jump in first-quarter profit as interest income and fees growth offset

Dana Gas’ shows strong annual growth
Dana Gas, the Middle East’s largest regional private sector natural gas company, held its 8thAnnual General Meeting (AGM), Chaired by the Company’s Honorary Chairman H.H. Sheikh Ahmed Bin Sultan Al Q

Aldar launches sale of Penthouse Collection at Gate Towers
Aldar Properties, Abu Dhabi’s leading listed property development, investment and management company, has launched the sale of 21 exclusive duplex penthouse apartments at Gate Towers, the Penthouse C

RTA holds two awareness workshops for First Aid, kidney patients
Employees of all sectors and agencies of the Roads & Transport Authority (RTA) commended the awareness campaign recently held by the Administrative Services Department, RTA Corporate Administrative S

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

Poll

Are you satisfied with your full-service broker?