New Delhi, Aug. 12 -- Indian stock markets opened on a cautious note on Monday, with investors awaiting a positive outcome from the US-Russia meeting scheduled for this weekend.

The Nifty 50 index started the day at 24,563.35, slipping 21.70 points or 0.09 per cent, while the BSE Sensex opened at 80,508.51, down 95.57 points or 0.12 per cent.

Experts said market volatility remains high, but participants are closely watching the next move by US President Donald Trump and hoping for relief from tariffs on India.

Ajay Bagga, Banking and Market Expert, told ANI that Indian markets are waiting for relief from the punitive 50 per cent tariffs set to take effect on August 27. "Clearly, Russian oil was not an issue, as China buys more of it. I...