Stock market today, March 12 -- The Indian stock market benchmark indices, the BSE Sensex and Nifty 50, are expected to open lower on Thursday, following weak global market cues. Investor sentiment remains cautious as surging crude oil prices fuel inflation concerns and tensions continue to escalate between the US and Iran in the Middle East.

Trends in GIFT Nifty also signal a negative start for the domestic market. The GIFT Nifty was trading near the 23,819 level, indicating a discount of nearly 120 points compared to the previous close of Nifty futures.

"Indian equity markets are expected to remain volatile with a cautious undertone, as global developments continue to shape investor sentiment. Escalating tensions in the Middle East an...