New Delhi, Aug. 4 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open on a cautious note on Monday, tracking mixed global market cues.

The trends on Gift Nifty indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 24,675 level, a premium of nearly 48 points from the Nifty futures' previous close.

On Friday, the domestic equity market ended sharply lower, with the benchmark Nifty 50 closing below 24,600 level.

The Sensex dropped 585.67 points, or 0.72%, to close at 80,599.91, while the Nifty 50 settled 203.00 points, or 0.82%, lower at 24,565.35.

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

Sensex dropped 1.08% last week, marking its fifth con...