MUMBAI: Indian stock markets came under pressure on Friday as selling by Foreign Portfolio Investors (FPIs) weighed on investor sentiment.

At the time of reporting, the Nifty 50 stood at 25,010.35, down 51.75 points or 0.21 per cent, while the BSE Sensex was trading at 82,065.76, a decline of 118.41 points or 0.14 per cent.

Ajay Bagga, Banking and Market Expert, said here, "Indian markets are pointing to a continued negative outlook as per the traded futures. FPIs remain sellers while DIIs are absorbing the selling. Once more critical support levels are being challenged, so today's price action is important for the health of the Indian markets. Earnings continued to be weak on the whole, and with no US India Trade deal on the horizon before the August 1st deadline, markets are getting into a worry zone on that front."

He further added, "Fasten seat belts, we see key supports holding due to the blessed Indian retail investors who are determinedly buying every dip and keeping their faith in the Indian managements and economy even as FPIs are selling consistently."

Broad market indices on the NSE also reflected the pressure. The Nifty 100 was down by 0.53 per cent, Nifty Midcap 100 slipped by 0.34 per cent, and the Nifty Smallcap 100 lost 0.56 per cent. All other major indices were trading in the red.

Among the sectoral indices, Nifty Auto declined by 0.66 per cent, Nifty IT by 0.19 per cent, Nifty Media by 0.40 per cent, and Nifty Metal by 0.46 per cent. The only gainer at the time of filing the report was Nifty Pharma, which was up by 0.26 per cent.