New Delhi, Aug. 31 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open on a negative note on Monday, 31 August.

Asian markets mostly fell on Monday, meanwhile, US futures also slipped after the US struck Iranian rocket launchers on Larak Island in the Strait of Hormuz, reviving concerns over a potential escalation in tensions.

On Friday, domestic benchmark indices Sensex and Nifty 50 ended higher, breaking their two-session losing streak, supported by positive global market cues and softer crude oil prices. The Sensex gained 331 points, or 0.43%, to close at 77,264.51, while the Nifty 50 advanced 85 points, or 0.35%, to settle at 24,175.65.

"Indian equity markets remained volatile during the week and c...