New Delhi, Feb. 18 -- The Indian stock market benchmark indices, Sensex and Nifty 50, opened flat on Tuesday, February 18, amid mixed global cues. The equity market has been witnessing immense selling pressure, with the Nifty 50 trading below the 23,000 level.

The Sensex opened 76.85 points, or 0.10%, higher at 76,073.71, while the Nifty 50 began trading at 22,963.65, up 4.15 points, or 0.02%. Selling was seen in Auto, Financials, PSU banks, Oil & Gas, FMCG and Metals, while IT and Media sectors were in the green.

Nifty 50 index formed a bullish candle on the daily frame with a longer lower shadow indicating bulls awakening at lower levels. Now, if Nifty 50 manages to cross and hold above 23,000 zones then bounce could be seen towards 2...