Indian stock markets started the day on a weak note today.

On the other hand, broader markets also remained flat.

The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which belled the day at 19,596.32, declined 92.23 points (0.47%) to trade at 19,474.78.

The broad-based Nifty dropped 0.47% to trade at 5,846.75.

Broader markets were trading on a flat note with the BSE midcap index gained 0.03% and the BSE small cap index remained up by 0.01%.

On Monday, the Sensex shut its shop after shedding 17.92 points at 19,584.31.

After opening on a lower note, the BSE Sensex dropped to the day's low accompanying relatively submissive Q4 results of Reliance Industries Ltd, declared late on Thursday.

While a nonstop selling action on the RIL weighed on the overall market, frequent upticks were demonstrated following a run-in the scrip of SBI and gains in Maruti Suzuki after the company's Q4 results came in proportion to the broader market prospects.

Piyush Garg, CIO, ICICI Securities stated, "Reliance numbers were a dampener and acted as a negative trigger for the market. However, the results in this earning season so far have been a mixed bag; dispersed around average analyst expectations."