Indian stock market, June 24 -- The domestic equity market indices, Sensex and Nifty 50, are expected to open higher on Tuesday, following upbeat global market cues after US President Donald Trump announced that Israel and Iran have agreed to a ceasefire.

Asian markets rallied, while the US stock market ended higher overnight in hopes of an early interest rate cut by the US Federal Reserve.

On Monday, the Indian stock market ended sharply lower, dragged by broad-based selloff, as escalating Israel-Iran war continues to weigh on sentiment.

The Sensex crashed 511.38 points, or 0.62%, to close at 81,896.79, while the Nifty 50 settled 140.50 points, or 0.56%, lower at 24,971.90.

"Looking ahead, in the absence of any major domestic trigger...