![]() NAVs see sharp decline as mkts crashPublished on Fri, Apr 17, 2009 at 09:44 | Source : Moneycontrol.com Updated at Fri, Apr 17, 2009 at 10:34
As the benchmark indices retreated sharply and snapped the two-day rally on the back of profit booking in heavyweights, equity diversified NAVs also declined with advance:decline ratio of 5:218. Infrastructure, rate sensitives, commodities and telecom stocks witnessed huge selling pressure. The 30-share BSE Sensex closed at 10,947.40, down 337.33 points or 2.99% and the 50-share NSE Nifty ended at 3369.50, down 3.29% or 114.65 points. Broader indices - the BSE Midcap Index shut shop at 3,438.73, down 163.16 points or 4.53% and the Smallcap Index declined 4.72% or 194.46 points, to settle at 3,928.99. On the sectoral front, auto, banking, pharma and technology funds slipped while FMCG funds advanced. BSE Bank, Auto, IT and Healthcare indices fell by 3.11%, 2.63%, 2.16% and 1.76%, respectively. However, FMCG Index gained 1.92%.
Check out all mutual fund gainers & losers Here is the day's performance and the gainers and losers across categories. Equity diversified: Top gainers
Equity diversified: Top losers
Tax saving funds: Top gainers
Tax saving funds: Top losers
Sector funds: Top gainers
Sector funds: Top losers
Balanced funds: Top gainers
Balanced funds: Top losers
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