Mumbai, Oct. 26 -- The equity markets opened lower on Monday as elevated crude oil prices continued to weigh on investor sentiment and limit the scope for a recovery.

The benchmark Nifty 50 opened at 22,524.40, declining 75.60 points or 0.33 per cent, while the BSE Sensex opened at 72,990.04, down 133.79 points or 0.18 per cent; both indices fell further soon after opening.

Brent crude oil was trading at USD 114.19 per barrel at the time of reporting, remaining elevated compared to last week amid continuing tensions in West Asia and concerns over energy supplies.

V K Vijayakumar, Chief Investment Strategist at Geojit Investments, said that despite a slight cooling in Brent crude prices, the prevailing levels continued to constrain the ...