New Delhi, April 22 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Wednesday, tracking mixed cues from global markets, as investors remain cautious after the US-Iran ceasefire was extended.

The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 24,430 level, a discount of nearly 154 points from the Nifty futures' previous close.

On Tuesday, the Indian stock market ended sharply higher amid hopes of US-Iran peace talks, with the benchmark Nifty 50 closing above 24,500 level.

The Sensex surged 753.03 points, or 0.96%, to close at 79,273.33, while the Nifty 50 settled 211.75 points, or 0.87%, higher at 24,576.60.

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