New Delhi, April 29 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open higher on Wednesday, tracking mixed global market cues.

The trends on Gift Nifty also indicate a mildly positive start for the Indian benchmark index. The Gift Nifty was trading around 24,106 level, a premium of nearly 37 points from the Nifty futures' previous close.

On Tuesday, the Indian stock market ended lower, with the Nifty 50 slipping below 24,000 level.

The Sensex declined 416.72 points, or 0.54%, to close at 76,886.91, while the Nifty 50 settled 97.00 points, or 0.40%, lower at 23,995.70.

Here's what to expect from Sensex, Nifty 50 and Bank Nifty today:

Sensex is currently trading in a consolidation phase after recent v...