New Delhi, July 31 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Thursday after the US President Donald Trump slapped 25% tariffs on Indian goods.

The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 24,673 level, a discount of nearly 196 points from the Nifty futures' previous close.

On Wednesday, the Indian stock market ended higher, with the Nifty 50 closing above 24,800 level.

The Sensex rallied 143.91 points, or 0.18%, to close at 81,481.86, while the Nifty 50 settled 33.95 points, or 0.14%, higher at 24,855.05.

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

Sensex formed a small candle on the ...