Mumbai, March 13 -- Domestic equity markets opened in the red on Friday, extending the ongoing selling pressure amid persistent foreign outflows, rising crude oil prices, and geopolitical tensions in West Asia.

The benchmark indices opened lower in early trade, reflecting cautious investor sentiment.

The Nifty 50 index opened at 23,462.50, declining -176.65 points or (-0.75 per cent), while the BSE Sensex opened at 75,444.22, down -590.20 points or -0.78 per cent.

Market experts attributed the continued weakness to sustained selling by foreign portfolio investors (FPIs) and global market uncertainty triggered by the ongoing crisis in West Asia.

Ajay Bagga, Banking and Market Expert, told ANI that Indian markets are facing continued pr...