New Delhi, June 17 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open flat on Wednesday, tracking a mixed trend in global markets, amid cautiousness over the US-Iran peace deal.

The trends on Gift Nifty also indicate a muted start for the Indian benchmark index. The Gift Nifty was trading around 24,004 level, a premium of nearly 3 points from the Nifty futures' previous close.

On Tuesday, the Indian stock market extended its bullish momentum into the third consecutive trading session, with the benchmark Nifty 50 closing near 24,000 level.

The Sensex rallied 544.15 points, or 0.71%, to close at 76,808.48, while the Nifty 50 settled 135.25 points, or 0.57%, higher at 23,989.15.

Here's what to expect fr...