New Delhi, Dec. 17 -- Indian stock markets opened on a flat but slightly positive note on Wednesday. At 09:21 a.m., the BSE Sensex stood at 84,743.28, a rise of 63.42 points or 0.07 per cent. At the same time, NSE Nifty50 stood at 25,898.05, showing a gain of 37.95 points or 0.15 per cent. While the market started in green, experts say that a sharp fall in the value of the rupee and continuous selling by investors make the mood cautious.

Banking and Market expert Ajay Bagga noted that the pressure on market is because of weak rupee, which falls because foreign money leaves the country. He said, "Indian markets are seeing pressure due to the weakening rupee, which is due to the continued FPI outflows and weak FDI inflows." He noted that t...