Reuters Market Eye - The BSE Sensex falls 1 percent, retreating from a record high of 21,321.53 hit on a special trading session on Sunday as investors book profits.
The fall, if sustained at the close, would snap a five-day winning streak.
Foreign fund inflows into domestic shares, which have been strong in recent months, could see some slowdown, traders say. Foreign inflows of around $3.5 billion since the U.S. Federal Reserve unexpectedly delayed tapering of its monetary stimulus in mid-October have helped shares.
The Nifty falls 0.8 percent, after hitting a session high of 6,342.95 on Sunday, its highest since January 2008.
Losses in technology and banking shares pulling the index lower. Defensives such as ITC Ltd
(Reporting by Swati Bhat)
