New Delhi, March 16 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open on a steady note Monday, tracking mixed cues from global markets amid cautiousness over the ongoing US-Iran which has entered its third week.

The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 23,322 level, a premium of nearly 123 points from the Nifty futures' previous close.

On Friday, the Indian stock market ended sharply lower amid US-Iran war worries, with the benchmark Nifty 50 slipping below 23,200 level.

The Sensex crashed 1,470.50 points, or 1.93%, to close at 74,563.92, while the Nifty 50 settled 488.05 points, or 2.06%, lower at 23,151.10.

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