New Delhi, April 15 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open higher on Wednesday, tracking strong global market cues, amid hopes of the resumption of US-Iran talks and early signs of de-escalation in the Middle East conflict.

The trends on Gift Nifty also indicate a gap-up start for the Indian benchmark index. The Gift Nifty was trading around 24,229 level, a premium of nearly 370 points from the Nifty futures' previous close.

The BSE and NSE were closed for trading on Tuesday, April 14, for a stock market holiday on the account of Dr Baba Saheb Ambedkar Jayanti.

On Monday, the Indian stock market ended sharply lower, with the benchmark Nifty 50 closing below 23,900 level.

The Sensex crashe...