The criterion
BSE Sensex opened lower on Wednesday after a five-session record-setting spree
as banker cashed profits in metal, capital goods, consumer durables, power and
banking shares along of January month expiry in the derivatives segment, PTI reported.
Brokers said bankers turned discreet and preferred to log gains at record
levels ahead of tomorrow’s January expiry in the derivatives segment, pulling
down the key indices from record highs. Besides, a weak trend at most of other
Asian markets too weighed on the passion here, they added. Meanwhile, foreign
portfolio investors bought shares worth a net Rs1,229.35 crore, while domestic
institutional bankers made purchases to the tune of Rs169.03 crore on Tuesday,
provisional data showed.
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