New Delhi, June 15 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open higher on Monday, tracking a relief rally in global markets after the United States and Iran announced a framework for a deal to end their war in West Asia.

The trends on Gift Nifty also indicate a gap-up start for the Indian benchmark index. The Gift Nifty was trading around 23,987 level, a premium of nearly 300 points from the Nifty futures' previous close.

On Friday, the Indian stock market ended sharply higher, with the benchmark Nifty 50 closing above 23,600 level.

The Sensex surged 1,695.40 points, or 2.30%, to close at 75,527.95, while the Nifty 50 settled 461.30 points, or 1.99%, higher at 23,622.90.

Here's what to expect f...