New Delhi, March 23 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open sharply lower on Monday, tracking weak global market cues, as the US-Iran war entered its fourth week.

The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 22,825 level, a discount of nearly 315 points from the Nifty futures' previous close.

On Friday, the Indian stock market ended higher amid short-covering, with the benchmark Nifty 50 closing above 23,100 level.

The Sensex rallied 325.72 points, or, 0.44%, to close at 74,532.96, while the Nifty 50 settled 112.35 points, or 0.49%, higher at 23,114.50.

Here's what to expect from Sensex, Nifty 50, and Bank Nifty t...