New Delhi, May 13 -- Markets opened in green on Wednesday as the Indian equity benchmarks attempted a recovery following consecutive declines, but soon declined as the selling pressure continued.

The BSE SENSEX opened at 74,809.68 points, up by 250.44 points or 0.34 per cent. Similarly, the NSE NIFTY 50 started at 23,460.20 points, gaining 80.65 points or 0.34 per cent in the early minutes of the session. The positive start provided a brief relief for investors after a volatile period but it did not stand for long.

VK Vijayakumar, Chief Investment Strategist, Geojit Investments said "Rupee has touched a new low of 95.63 to the dollar. The downside risk to India's growth and upside risk to inflation has increased. This has negative impli...