Mumbai/IBNS, Jan. 14 -- The Indian equity benchmark indices traded in the red on Wednesday morning, with the BSE Sensex slipping around 200 points and the NSE Nifty 50 hovering below the 25,700 mark at the opening bell, media reports said.

Market sentiment continued to remain cautious amid persistent foreign investor selling and firm crude oil prices, which weighed on investor confidence.

In the opening hour, Omaxe Ltd. (-5.38%), Ajanta Pharma Ltd. (-2.28%), Asahi India Glass Ltd. (-2.25%), Tata Elxsi Ltd. (-2.13%) and Prestige Estates Projects Ltd. (-2.03%) emerged as the top losers.

After posting gains on Monday, the market ended lower on Tuesday, with the Sensex closing 250.48 points down at 83,627.69. The NSE Nifty 50 also settled ...