New Delhi, March 30 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Monday, extending its losses from the previous week, as the prolonged US-Iran war in the Middle East and the rise in crude oil prices continue to dent investors' risk appetite.

The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 22,551 level, a discount of nearly 266 points from the Nifty futures' previous close.

On Friday, the Indian stock market suffered strong losses, with the benchmark Nifty 50 slipping below 23,000 level.

The Sensex crashed 1690.23 points, or 2.25%, to close at 73,583.22, while the Nifty 50 settled 486.85 points, or 2.09%, lower at ...