Mumbai, Feb. 17 -- Indian stock markets are continuously moving into the hands of bears amid persistent selling by foreign investors, as corporate earnings remain challenging.

The Nifty 50 index declined by 119 points, or 0.52 per cent, to open at 22,809.90 points, while the BSE Sensex opened at 75,641.41 points with a dip of 297.80 points, or 0.39 per cent.

Experts stated that markets are declining due to continuous selling by foreign investors, with weak corporate earnings being the main reason for the sell-off.

Ajay Bagga Banking and Market Expert told ANI "FPI selling remains an issue for Indian markets. This will not reverse till a durable recovery in corporate earnings momentum is seen or till markets fall much more to make valua...