Mumbai, Feb. 12 -- The selling spree continued in the Indian stock markets on Wednesday as both indices opened in the red.

The Nifty 50 index opened with a dip of 21 points at 23,050, while the BSE Sensex declined by more than 114 points to open at 76,179 points.

Experts stated that markets are under pressure due to tariffs imposed by Trump and consistent FII selling. The meeting between PM Modi and Trump will be watched closely for any outcomes related to closer cooperation on defense, energy, the China+1 strategy, and a glide path for tariffs between both countries.

Ajay Bagga Banking and Market Experts told ANI, "Steel and Aluminum tariffs of 25 per cent were announced by the Trump administration. For India, Prime Minister Modi's su...