Mumbai, Dec. 26 -- The domestic benchmark equity indices opened lower on Friday, signalling the absence of a traditional Santa rally in the Indian markets amid weak momentum and continued foreign fund outflows.

The Nifty 50 index opened at 26,121.25, slipping marginally by 20.85 points or 0.08 per cent, while the BSE Sensex began the session at 85,225.28, declining by 183.42 points or 0.21 per cent.

Market experts attributed the subdued opening to persistent selling by foreign investors and thin year-end trading volumes.

Ajay Bagga, Banking and Market expert, told ANI, "Indian markets are pointing to a weak start. FPIs have been net sellers on each of the last three days. With year-end volumes expected to be low, the weak momentum in I...