Stock market today, May 18 -- Benchmark indices Sensex and Nifty 50 snapped their two-day winning run on Friday, May 15, as profit booking weighed on markets amid weak global cues, a sharp jump in crude oil prices, and the rupee falling to a fresh all-time low against the US dollar. The Sensex slipped 161 points, or 0.21%, to end at 75,237.99, while the Nifty 50 fell 46 points, or 0.19%, to close at 23,643.50.

However, the market is likely to snap its gaining streak as trends in the Gift Nifty index signalled a negative opening on Monday. Gift Nifty was trading near the 23,521 mark, down over 186 points from the previous close of Nifty futures.

"Indian markets are likely to open on a cautious note as renewed geopolitical rhetoric from t...