Mumbai, Feb. 21 -- Indian stock markets opened on a weak note on Wednesday as selling by foreign portfolio investors (FPIs) continued to put pressure on equities.

The benchmark Nifty 50 index started the session at 22,857.20, down by 55.95 points or 0.24 per cent, while the BSE Sensex opened at 75,612.61, declining 123.35 points or 0.16 per cent.

Market experts believe that while the Indian indices have managed to hold key support levels, they remain under pressure due to a muted earnings outlook and persistent FPI selling.

Investors are also keeping an eye on global market trends and domestic economic indicators, which could influence further movement.

Ajay Bagga Banking and Market Expert told ANI "US markets fell on a weak guidance ...