New Delhi, May 29 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to remain volatile on Friday as investors remain cautious over the fragile US-Iran peace deal.

The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 23,887 level, a discount of nearly 109 points from the Nifty futures' previous close.

The BSE and NSE were closed for a stock market holiday on Thursday due to Bakri Id.

On Wednesday, the Indian stock market extended losses for the second consecutive session, with the benchmark Nifty 50 holding above 23,900 level.

The Sensex fell 141.90 points, or 0.19%, to close at 75,867.80, while the Nifty 50 settled 6.55 points, or 0.03%, l...