New Delhi, July 13 -- The Indian stock market is expected to open lower on Monday, amid cautiousness over the renewed geopolitical tensions in the Middle East, following a fresh round of military strikes between the US and Iran which triggered a sharp jump in crude oil prices concerns and heightened risk aversion across financial markets. The trends on Gift Nifty also signal a gap-down start for the frontline indices, Nifty 50 and Sensex today.

Gift Nifty was trading around 24,044 level, a discount of nearly 197 points from the Nifty futures' previous close.

"The sharp rise in crude oil prices has heightened concerns over persistent inflationary pressures, rising input costs for businesses, and the possibility that major central banks m...