Benchmark
indices opened on a lower note on Wednesday amid weakness in banking counters.ICICI BankBSE -1.97 %, SBI and Axis BankBSE -0.22 % plunged up to 3 percent.
At 9.25 am, the BSE Sensex was trading 104.92
points, or 0.31 per cent, lower at 32,212.29. NSE barometer fell 47.35 points,
or 0.46 per cent, to 10,201.90.
The
market was concerned after ICICI Bank and Axis Bank were summoned to the
Serious Fraud Investigation Office (SFIO) in Mumbai on Tuesday as the arm of
the central government began its enquiry into the Rs 12,700-crore Nirav Modi
case.
The
officials of the private banks were asked general questions on their loan
disbursements and as per sources the agency is likely to send a more detailed
questionnaire to banks asking for information regarding the same.
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