New Delhi, June 4 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Thursday, tracking weakness in global markets, as escalating US-Iran war in the Middle East kept crude oil prices elevated and raise inflation concerns.

The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 23,315 level, a discount of nearly 200 points from the Nifty futures' previous close.

On Wednesday, the Indian stock market ended lower, resuming its losing run, with the benchmark Nifty 50 closing near 23,400 level.

The Sensex declined 303.67 points, or 0.41%, to close at 74,346.17, while the Nifty 50 settled 77.95 points, or 0.33%, lower at 23,405.60. ...