New Delhi, July 30 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open on a muted note on Thursday, 30 July, after the US Fed decides to hold rates and ongoing US-Iran war tensions.

Asian markets traded mixed on Thursday, while the US stock market witnessed a sharp fall.

On Wednesday, Indian benchmark indices, the Sensex and the Nifty 50, ended sharply higher on Wednesday, July 29, led by strong buying in banking and IT heavyweight stocks. The Sensex rallied 889 points, or 1.16%, to close at 77,654.60, while the Nifty 50 advanced 265 points, or 1.10%, to settle at 24,250.20.

"Indian equities are expected to remain range-bound with a positive bias, supported by positive global cues and healthy domesti...