New Delhi, June 19 -- Indian markets open with sharp decline on Friday, which experts have attributed to a strong sell-off in technology equities and volatile global cues that snapped a multi-day winning streak.

The BSE Sensex fell sharply by 557.12 points, or 0.72 per cent, to stand at 76,852.86 points. Similarly, the NSE NIFTY 50 dropped 176.80 points, representing a decline of 0.73 per cent, to settle at 23,991.20 points during the opening trade session.

The sudden reversal came after five consecutive sessions of positive movement across domestic indices. Market indicators reflected a cautious opening, even as regional Asian markets showcased a mixed trend.

While regional indices like the Japanese Nikkei 225 recorded a minor gain of...