New Delhi, June 24 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open higher on Tuesday tracking positive sentiment in global markets after US President Donald Trump announced that Israel and Iran have agreed to a ceasefire.

The trends on Gift Nifty also indicate a gap-up start for the Indian benchmark index. The Gift Nifty was trading around 25,206 level, a premium of nearly 212 points from the Nifty futures' previous close.

Trump said a "Complete and Total CEASEFIRE" had been agreed upon between Israel and Iran. However, Iran's Foreign Minister Abbas Araghchi said there was currently no ceasefire agreement with Israel, but said Iran would halt its military response if Israel stopped its strikes on Ir...