Sensex falls 446 points, Nifty slips 161 as markets open lower ahead of RBI policy

Indian stock markets opened lower on Monday as investors adopted a cautious stance ahead of the Reserve Bank's policy announcement. The Sensex fell 446 points while the Nifty declined 161 points in early trading.

The weakness came after both indices had gained for two consecutive sessions. Market participants are awaiting the RBI's monetary policy decision, which is likely to influence near-term market direction.