Mumbai, Dec. 4 -- The domestic benchmark indices opened flat on Thursday as bulls and bears attempted to pull the markets towards their sides amid external pressure, even as domestic indicators offered support.

The Nifty 50 index opened almost unchanged at 25,981.85, slipping -4.15 points (-0.02 per cent), while the BSE Sensex also began flat at 84,987.56, registering a marginal dip of -119.25 points (-0.14 per cent).

Market experts said that Indian equities are currently moving through a corrective phase with the upcoming RBI monetary policy announcement expected to provide further direction to investor sentiment.

Ponmudi R, CEO, Enrich Money, said, "Indian equities remain in a short-term corrective phase, largely due to FII outflows ...