Stock market today, Aug. 18 -- The Indian stock market benchmarks, Sensex and Nifty 50, closed lower on Monday, August 17, as investors remained cautious and continued to favour select sectors and stocks amid stronger-than-expected Q1 FY27 earnings and persistent geopolitical concerns.

The Sensex fell 281 points, or 0.36%, to settle at 77,728.16, while the Nifty 50 declined 78 points, or 0.32%, to end the session at 24,287.65.

On Monday, the market is likely to open in red as trends in the Gift Nifty index signalled a gap-down opening. Gift Nifty was trading near the 24,320 mark, down over 72.70 points from the previous close of Nifty futures.

"Indian equities are expected to open on a cautious note on Tuesday as GIFT Nifty futures ind...