MUMBAI: Indian stock markets opened on a flat note on Wednesday as investors remained cautious and in a wait-and-watch mode, ahead of a possible mini trade deal between India and the European Union (EU).

The Nifty 50 index opened at 25,514.60, marking a marginal dip of 7.90 points or 0.03 per cent, while the BSE Sensex opened at 83,619.82, down by 92.69 points or 0.11 per cent.

Market experts highlighted that investor sentiment is currently being driven by expectations of a potential agreement between India and the EU in the coming days.