Gold, Liquid ETFs Rise; IT Funds Jump 4%, Bank ETFs Mixed

Mumbai, Oct 16: All 26 gold ETFs traded in the market rose on Friday. Not one of the 20 liquid ETFs declined, according to data available on the NSE at 3:05 pm, when we went to press. Gold ETFs gained between 0.12% and 0.89%, while liquid ETFs moved by less than 0.08%. Silver ETFs rose by as much as 1.58%. IT ETFs gained around 4%, defence ETFs ticked up, and bank ETFs were mixed. 

NiftyBEES rose 0.90% to ₹263.86. Since last Friday, GoldBeES has fallen by around 2%, SilverBeES is down about 4.6%, and ITBeES has gained approximately 12%. 

Over the past 30 days, gold ETFs have lost about 3%, while silver ETFs are down around 8%. IT ETFs have gained approximately 4%, while defence and bank ETFs have remained almost flat. Liquid ETFs are up around 0.4%. 

Over the past year, silver ETFs have gained about 17%. Gold and defence ETFs are up around 14%, while liquid ETFs have risen by approximately 5%. Bank ETFs are down 1.5%, and IT ETFs have declined by around 12%.  

Gold ETFs: All 26 See Gains 

GoldBeES gained 0.32 per cent to Rs 120.20. With a turnover of Rs 257.05 crore, it was the most traded gold ETF. GoldIETF rose 0.43 per cent to Rs 124.65 and Tata Gold ETF (TATAGOLD) gained 0.43 per cent to Rs 14.14. GOLD360 led with a 0.89 per cent rise to Rs 142.40. 

GoldBeES remains about 19 per cent below its 52-week high of Rs 148.14, so the recovery is still shallow. 

Liquid ETFs: Flat, but the Biggest by Turnover 

Of the 20 liquid ETFs, 14 edged up by as much as 0.08 per cent and six were flat. LiquidBeES (LIQUIDBEES) stayed at Rs 1,000.01 and, with a turnover of Rs 1,004.14 crore, was the most traded fund overall. LiquidCase (LIQUIDCASE) rose 0.04 per cent to Rs 116.44. 

Liquid ETFs together traded about Rs 2,015 crore, more than gold and silver ETFs combined. These funds park money in very short-term debt and earn about 5 per cent a year. 

Silver ETFs: Bigger Gains, Bigger Gap 

All 19 silver ETFs rose, by 0.88 to 1.58 per cent. SilverBeES gained 1.23 per cent to Rs 200.00 on a turnover of Rs 387.19 crore, the highest in its category. Tata Silver ETF (TATSILV) rose 1.34 per cent to Rs 20.35, and SILVER001 led at 1.58 per cent to Rs 21.23. 

SilverBeES is still about 44 per cent below its 52-week high of Rs 360, against 19 per cent for GoldBeES. 

IT ETFs: Biggest Gainers 

All 10 IT ETFs rose between 3.65 and 4.38 per cent, tracking the rebound in technology stocks. ITBeES (ITBEES), the most traded, gained 4.13 per cent to Rs 35.53, and ITIETF led with 4.38 per cent to Rs 35.54. ITBeES is still about 20 per cent below its 52-week high. 

Defence ETFs: Small Gains, Thin Trade 

All three defence ETFs rose. MODEFENCE, the largest, gained 0.40 per cent to Rs 101.14, GROWWDEFNC rose 0.67 per cent to Rs 92.00 and DEFENCE added 0.29 per cent to Rs 77.03. Total turnover was only about Rs 9 crore. 

Bank ETFs: Mixed, PSU Funds Lead 

Of the 14 Nifty Bank ETFs, 11 rose and three fell. BankBeES (BANKBEES), the most traded, gained 0.22 per cent to Rs 578.75 on Rs 54.10 crore. ABSLBANETF fell the most, 0.19 per cent. All eight PSU bank ETFs rose, by 0.20 to 0.87 per cent. 

ETF Snapshot: Gold, Liquid, Silver, IT, Defence, Bank 

To know how to buy gold ETFs, visit:https://hdfcsky.com/etf/gold-etf

For silver ETFs, see: https://hdfcsky.com/etf/silver-etf 

Source

•  https://www.nseindia.com/market-data/exchange-traded-funds-etf