Mumbai, Jan. 9 -- Selling pressure continued to hang over domestic equity markets in the opening session on Friday as benchmark indices opened in the red, weighed down by persistent 500 per cent US tariff threat on countries importing Russian crude and record foreign portfolio investor (FPI) outflows.

Market participants are now closely watching the upcoming earnings season to decide the further course of the markets.

The NIFTY 50 index opened at 25,840.40, down by 36.45 points or 0.14 per cent, while the BSE Sensex began the day at 84,778.02, slipping 183.12 points or 0.22 per cent.

Experts noted that after several sessions of decline, markets may attempt to stabilise at current levels.

Ajay Bagga, Banking and Market Expert, told ANI...