Equity Mutual Funds advanced as markets rallied on backed of US Federal Reserve's decision on bond purchases..
On the sector funds, barring Technology all the other categories were in line with markets positive sentiment.
The Fed move not to make any cuts in its USD 85 billion-monthly bond buying programme surprised global markets positively, and players are betting that cheap foreign money will lift share prices higher in the short term. The Nifty gained 216.10 points to close at 6115.55.
Fixed Income funds too end strong with no decline. The government securities gained on sustained buying support from banks and corporates, while the call money rates ended lower at the overnight call money market here today due to lack of demand from borrowing banks.
Check out all mutual fund gainers & losers
Here is the day's performance and the gainers and losers across categories.
Equity diversified: Top gainers
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