But we hit back after the break when Hossam Ghaly burst onto Lee Young-Pyo's pass and flicked the ball over Tugay only for the Rovers' goalscorer to charge in and bring him down with his trailing leg.
Referee Phil Dowd awarded the penalty, sent off Tugay and Jermain Defoe slotted home the spot kick in style.
Clear-cut chances remained hard to find in the final quarter, however, and matters took a turn for the worse in added time when Ghaly was red carded following an aerial challenge with Michael Gray.
Martin reflected: "They haven't had the best spell and I hoped for the three points but it wasn't to be.
"Overall I'm a little disappointed but on the other hand, Blackburn have a good team, good strikers, Pedersen was a handful - I can live with a point.
"I don't think we had many problems in the first half, we had a couple of half-chances with Mido and Jermain Defoe but then Tugay scored an unbelievable goal.
"I thought 'here we go again' but I still felt we had enough quality and in the second half I think we proved that, although it was always difficult.
"They got a sending off and perhaps we could have done a bit more 11 against 10 but on the other hand, they were full of energy and tried to hit us on the break. We thought we would have a couple of chances at goal but it wasn't to be."
Martin had this to say on the key moments...
On Tugay's sending off. "I always feel that if you get a penalty, that's punishment enough. But if you do everything according to the rules, he was in a one against one with the keeper."
On Ghaly's sending off. "It was never intentional, he just jumped with his arms high, that was the only thing."
Martin Jol said he could 'live with a point' after the 1-1 draw against Blackburn Rovers on Sunday.Tugay's spectacular volley handed Rovers the lead in the first half of a fiesty Premiership clash at Ewood Park.