New Delhi, July 15 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open on a subdued note on Wednesday, tracking mixed global cues as optimism from gains in Asian and US markets is tempered by persistent concerns over the escalating US-Iran conflict.

Asian markets traded higher, while Wall Street closed in positive territory overnight, supported by strength in banking and semiconductor stocks.

On Tuesday, domestic equities ended lower as heightened geopolitical tensions and elevated crude oil prices weighed on investor sentiment.

The BSE Sensex fell 561.46 points, or 0.72%, to close at 77,054.94, while the NSE Nifty 50 declined 158.95 points, or 0.66%, to settle at 24,052.05.

Geopolitical tensions rema...