New Delhi, June 8 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to see a sharply lower opening on Monday, tracking weakness in global markets, as renewed Middle East conflict eroded hopes of an end to the wider US-Iran war.

The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 23,118 level, a discount of nearly 334 points from the Nifty futures' previous close.

On Friday, the Indian stock market ended lower after the Reserve Bank of India's (RBI) monetary policy, with the benchmark Nifty 50 slipping below 23,400 level.

The Sensex fell 116.67 points, or 0.16%, to close at 74,243.34, while the Nifty 50 settled 49.85 points, or 0.21%, lower...