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    HomeNewsBusinessMutual FundsNAVs decline sharply as markets plunge

    NAVs decline sharply as markets plunge

    Equity diversified NAVs decline with advance:decline ratio of 1:254 as markets plunge yet again on Tuesday as the two PSU heavyweights SBI and ONGC together lost Rs 30000 crore market-cap.

    May 18, 2011 / 09:20 IST

    Equity diversified NAVs decline with advance:decline ratio of 6:223 as markets plunge yet again on Tuesday as the two PSU heavyweights SBI and ONGC together lost Rs 30000 crore market-cap.

     

    The Sensex shut shop at 18137, down 207.68 points or 1.10% and the Nifty closed at 5438.95, down 60.05 points or 1.07%.

     

    On the sectoral front front all sector fund ended with negative returns.

    • Equity diversified NAVs end lower
    • Sector funds declined

    Check out all mutual fund gainers & losers

    Here is the day

    first published: May 17, 2011 11:52 pm

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