Stock market today, April 8 -- Indian benchmark indices, Sensex and Nifty 50, are expected to start Wednesday's session on a positive note, tracking a global market rally triggered by the announcement of a ceasefire agreement between the US and Iran.

Indicators from Gift Nifty also suggest a gap-up opening for domestic markets, with the index trading near the 23,840 mark-about 689 points above the previous close of Nifty futures.

"Indian markets are set for a strong gap-up opening, with Gift Nifty rebounding sharply to the 23,800 zone after a weak overnight trend. The shift reflects a decisive improvement in global risk sentiment following a temporary de-escalation in West Asia tensions. Volatility is likely to ease in today's session. ...