New Delhi, Jan. 23 -- Domestic equity benchmarks opened on a cautious note on Friday as the market participants weighed global economic signals against domestic technical resistance levels. BSE Sensex traded at 82,202.63 at 9:18 am, marking a decline of 104.74 points or 0.13 per cent. Simultaneously, NSE Nifty 50 stood at 25,255.40, down by 34.50 points or 0.14 per cent.

The initial volatility reflects a measured approach by investors despite a bounce in international indices. Highlighting the global backdrop, Banking and Market Expert Ajay Bagga said, "Following the US lead, Asian markets are up, relieved at the pause by the BOJ ahead of the Japanese snap elections on Feb 8th."

He further noted that the Bank of Japan raised economic gr...