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NAVs end with negative returns

Equity diversified NAVs ended lower with advance:decline ratio of 41:204 as the Indian equity benchmarks closed the session lower for third consecutive day amid an extremely choppy trade on Thursday, led by fall in heavyweights like SBI, Reliance Industries, Infosys, Bharti Airtel, BHEL, HDFC, Wipro, TCS and HUL.

February 24, 2011 / 08:54 AM IST

Equity diversified NAVs ended lower with advance:decline ratio of 41:204 as the Indian equity benchmarks closed the session lower for third consecutive day amid an extremely choppy trade on Thursday, led by fall in heavyweights like SBI, Reliance Industries, Infosys, Bharti Airtel, BHEL, HDFC, Wipro, TCS and HUL.
 
The 30-share BSE Sensex slipped 129.73 points or 0.74%, to settle at 17,463.04 and the Nifty ended at 5,225.80 down 27.75 points.



On sectoral front, pharma funds advance, banking and FMCG fund end with mixed with positive bias, while technology funds decline.


 


Long and short term debt funds closed with positive returns; their advance:decline ratio stood at 81:1 & 114:2, respectively.



  • Equity diversified NAVs end lower
  • Pharma funds advance
  • Banking and FMCG funds end mixed with positive bias
  • Technology funds decline
  • Long & Short term close with positive returns  

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