INDIAN BENCHMARKS are likely to open on a cautious note ahead of December expiry and also the global cues look mixed with SGX Nifty Trading Tips trading 4 points lower. Indian shares ended lower on Wednesday after being range-bound for most of the session, weighed down by weak European markets and caution ahead of derivatives contracts expiry on Thursday. The S&P BSE Sensex and CNX Nifty fell 0.46%-0.41% each. On Wednesday, December 30, 2015, the 30-share Sensex ended at 25960.03, down by 119.45 points or by 0.46 per cent, and then NSE Nifty settled at 7896.25, down by 32.7 points or by 0.41 per cent.
Trend in FII flows: The FIIs were net sellers of Rs 152.20 Cr in the cash segment on Wednesday while the DIIs were net buyers of Rs -74.41 Cr, as per the provisional figures released by the NSE.
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