New Delhi, July 20 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open on a weaker note on Monday, tracking subdued global cues as escalating tensions between the US and Iran, coupled with Brent crude oil climbing above $90 a barrel, dampened risk appetite.

Asian equities traded lower in early deals, while Wall Street ended last week on a weak note as selling pressure in semiconductor stocks weighed on investor sentiment.

On Friday, however, domestic equities ended sharply higher, supported by strong buying in heavyweight stocks ahead of the ongoing June-quarter earnings season. The BSE Sensex surged 964.58 points (1.25%) to close at 78,151.45, while the Nifty 50 rallied 261.55 points (1.09%) to settle ...