New Delhi, June 29 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open on a muted note Monday, tracking weakness in global markets as renewed escalation in the US-Iran war kept investors cautious.

The trends on Gift Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading around 24,089 level, a discount of nearly 13 points from the Nifty futures' previous close.

On Thursday, the Indian stock market ended higher, with the benchmark Nifty 50 holding above 24,000 level.

The Sensex gained 109.25 points, or 0.14%, to close at 77,100.47, while the Nifty 50 settled 34.35 points, or 0.14%, higher at 24,056.00.

The domestic equity market was closed on Friday on account of Mu...