Mumbai, Jan. 7 -- Indian equity markets opened lower on Wednesday, tracking mixed global cues and persistent selling pressure from foreign portfolio investors, with benchmark indices slipping in early trade.

The Nifty 50 index opened at 26,143.10, down 35.60 points or 0.14 per cent, while the BSE Sensex declined sharply by 442.94 points or 0.52 per cent to open at 84,620.40.

Market experts said domestic equities continue to struggle to sustain gains after hitting record levels, amid weak news flow and cautious investor sentiment.

Ajay Bagga, Banking and Market Expert, told ANI, "2026 looking like 2025 so far....Defence and Big Tech doing well, US surging to new records, India disappointing after crossing record levels post a 15 months ...