Stock market today, April 13 -- The Indian stock market is likely to open in red on Monday, April 13, tracking weak global market sentiments as investors assessed the impact of a US naval blockade on Iran's ports, following failed negotiations between Washington and Tehran to resolve the Middle East conflict.

Gift Nifty trends also point to a subdued start for domestic equities, with the index hovering around the 23,751 mark-nearly 340 points below the previous close of Nifty futures.

"Indian markets are set to begin the week on a weak note, with Gift Nifty indicating a gap-down opening near the 23,700 zone. The negative start is largely driven by deteriorating global sentiment following fresh geopolitical escalation in the Middle East....