New Delhi, Aug. 18 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open higher on Monday, tracking key positive developments over the weekend, including the proposed GST reforms, a meeting between US President Donald Trump and his Russian counterpart Vladimir Putin, among others.

The trends on Gift Nifty also indicate a gap-up start for the Indian benchmark index. The Gift Nifty was trading around 24,915 level, a premium of nearly 230 points from the Nifty futures' previous close.

The Indian stock market was closed for trading on Friday, August 15, on account of 79th Independence Day.

On Thursday, the Indian stock market indices marginally higher, with the benchmark Nifty 50 closing above 24,600 level....