New Delhi, Aug. 29 -- Domestic equities opened with gains on Friday as the benchmark indices rebounded after the heavy selling pressure witnessed a day earlier.

The Nifty 50 index was trading with modest gains in the opening session at 24,546.25, up by 45.35 points or 0.19 per cent. The BSE Sensex also opened in positive territory at 80,227.21, gaining 146.64 points or 0.18 per cent.

Market experts said that while the short-term sentiment remains weak, the markets are oversold, which is leading to a rebound.

Ajay Bagga, Banking and Market Expert, told ANI, "Indian markets saw a weak expiry on Thursday and with both July and August seeing negative returns, we are entering the September series on a muted note. However, there are indicati...