Stock market today, May 20 -- The Indian benchmark indices - the Sensex and Nifty 50 - closed lower on Tuesday, May 19, amid profit booking and mixed global signals. Investor sentiment also remained cautious due to ongoing concerns surrounding the US-Iran conflict, high crude oil prices, and weakness in the rupee.

The Sensex declined 114 points, or 0.15%, to settle at 75,200.85, while the Nifty 50 slipped 32 points, or 0.14%, to close at 23,618.

However, the market is likely to continue its losing streak as trends in the Gift Nifty index signalled a negative opening on Wednesday. Gift Nifty was trading near the 23,433 mark, up over 127.50 points from the previous close of Nifty futures.

"Sentiment across Indian markets is expected to r...