Mumbai, Feb. 6 -- The domestic equity benchmarks opened on a cautious note and slipped into the red on Friday as investors remained on the sidelines ahead of the outcome of the Reserve Bank of India's Monetary Policy Committee (MPC) meeting, amid weak global cues.

At the opening bell, the Nifty 50 index declined by 37 points or 0.14 per cent to 25,605.80, while the BSE Sensex opened lower by 64.61 points or 0.08 per cent at 83,249.32.

Market participants remained cautious as the RBI is scheduled to announce the MPC decision at 10 AM later in the day.

Ajay Bagga, Banking and Market Expert, told ANI, "Expect weak Indian markets on the back of weak global cues, though over time, funds escaping the AI carnage could seek uncorrelated market...