New Delhi, Dec. 18 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open flat but in the red on Thursday, December 17 after 3 sessions of losses following weak trends in the global markets.

The trends on Gift Nifty indicate a muted start for the Indian benchmark index. The Gift Nifty was trading near 25,871 level, down 15 points or 0.06% from the Nifty futures' previous close.

The Indian stock market extended its losing streak for a third straight session on Wednesday, December 17, as persistent worries over the rupee's weakness, sustained foreign capital outflows and delays in the India-US trade agreement weighed on sentiment. The Sensex slipped 120 points, or 0.14%, to close at 84,559.65, while the Nift...