New Delhi, July 27 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open higher on Monday, supported by positive global cues and easing crude oil prices, which are likely to improve investor sentiment.

The Gift Nifty also signalled a firm start for domestic equities. It was trading around 23,947, at a premium of nearly 140.5 points over the previous close of Nifty futures, indicating a positive opening for the benchmark indices.

In the previous session, however, the Indian stock market extended its losing streak for a fifth consecutive day, with the Nifty 50 slipping below the 23,800 mark amid broad-based selling pressure.

The BSE Sensex declined 331.62 points, or 0.43%, to settle at 76,059.77, while t...