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Motilal Oswal Nasdaq Q50 ETF falls on reversal and lower circuit

The ETF dropped 20% on 22 September, extending a reversal that cut it about 46% from a peak in two sessions, after trading at a large premium to NAV earlier.

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Motilal Oswal Nasdaq Q50 ETF (MONQ50) fell 20% on 22 September, extending a sharp reversal that left the ETF down about 46% from its peak in just two sessions. 04 and then hitting the 20% lower circuit.