New Delhi, Dec. 3 -- The domestic benchmark indices witnessed selling pressure on Wednesday's opening trade as the weakening Rupee and cautious investor sentiment weighed on the markets.

With the Reserve Bank of India's Monetary Policy Committee (MPC) meeting beginning today, and the upcoming Modi-Putin meeting on December 4-5 being seen as a significant global event, traders remained guarded in the early hours.

The Nifty 50 index opened at 26,043.60, up 11.40 points (0.04 per cent), but soon slipped to the 25,942 level, indicating early volatility. The Sensex also opened in the green at 85,180.72, rising 42.45 points (0.05 per cent), but quickly fell to around 84,840 as selling intensified.

Analysts said the sharp fall in the Rupee an...