New Delhi, May 26 -- The Indian stock market is expected to see a muted opening on Tuesday, following mixed cues from global markets amid cautiousness over the US-Iran peace talks.

The trends on Gift Nifty also indicate a muted start for the Indian benchmark index. The Gift Nifty was trading around 24,040 level, a discount of nearly 23 points from the Nifty futures' previous close.

In the previous session, the Indian equity market witnessed a stellar rally, with the benchmark Nifty 50 closing above 24,000 level.

The Sensex jumped 1,073.61 points, or 1.42%, to close at 76,488.96, while the Nifty 50 settled 312.40 points, or 1.32%, higher at 24,031.70.

On the Nifty options front, Chandan Taparia Head Derivatives & Technicals, Wealth Man...