New Delhi, Aug. 13 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open higher on Wednesday, tracking positive cues from global markets.

The trends on Gift Nifty also indicate a strong start for the Indian benchmark index. The Gift Nifty was trading around 24,619 level, a premium of nearly 64 points from the Nifty futures' previous close.

On Tuesday, the equity market resumed its downward trajectory and ended lower.

The Sensex declined 368.49 points, or 0.46%, to close at 80,235.59, while the Nifty 50 settled 97.65 points, or 0.40%, lower at 24,487.40.

Here's what to expect from Sensex, Nifty 50 and Bank Nifty today:

Sensex faced resistance near 81,000 and reversed sharply.

"We are of the view that t...