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NAVs end lower as markets decline

Equity diversified NAVs closed lower with advance:decline ratio of 5:252 as the benchmark Nifty snapped a five-day winning streak on Friday and closed below the 5500-mark, dragged down by profit booking in oil & gas, Anil Dhirubhai Ambani Group (ADAG) stocks, infrastructure, telecom, metal and financial companies' shares.

February 19, 2011 / 12:53 PM IST

Equity diversified NAVs closed lower with advance:decline ratio of 5:252 as the benchmark Nifty snapped a five-day winning streak on Friday and closed below the 5500-mark, dragged down by profit booking in oil & gas, Anil Dhirubhai Ambani Group (ADAG) stocks, infrastructure, telecom, metal and financial companies' shares.


 


The 30-share BSE Sensex fell 295.30 points or 1.60%, to close at 18,211.52 and the 50-share NSE Nifty tumbled 87.50 points or 1.58%, to end at 5,458.95.


 


All sectoral funds declined. Long term debt funds ended mixed, while short term debt funds advanced; their advance:decline ratio stood at 49:34 & 101:14, respectively.



  • Equity diversified NAVs close lower
  • All sectoral funds decline
  • Long term debt funds ended mixed

  • Short term debt funds advance


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