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NAVs end lower as markets slip

Equity diversified NAVs ended lower with advance:decline ratio of 4:253. Benchmarks saw a profit taking on Wednesday on the back of sell-off in financial, auto, metal, realty, telecom and capital goods companies' shares.

January 06, 2011 / 11:19 IST
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Equity diversified NAVs ended lower with advance:decline ratio of 4:253. Benchmarks saw a profit taking on Wednesday on the back of sell-off in financial, auto, metal, realty, telecom and capital goods companies' shares.

The 30-share BSE Sensex closed at 20,301.10, down 197.62 points or 0.96% and the 50-share NSE Nifty fell 66.55 points or 1.08% to settle at 6079.80. The broader indices too slipped one percent each. All sectoral funds declined. However, long and short term debt funds closed higher; their advance:decline ratio stood at 83:1 & 108:3, respectively. Check out all mutual fund gainers & losers

Here is the day
first published: Jan 6, 2011 09:52 am

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