New Delhi, July 22 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Wednesday, amid high crude oil prices and persistent geopolitical tensions, despite upbeat global markets.

The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 24,109 level, a discount of nearly 72 points from the Nifty futures' previous close.

On Tuesday, the Indian stock market extended losses for the second consecutive session, with the benchmark Nifty 50 closing below 24,200 level.

The Sensex dropped 238.41 points, or 0.31%, to close at 77,470.11, while the Nifty 50 settled 50.80 points, or 0.21%, lower at 24,187.70.

Here's what to expect from Sensex,...