New Delhi, Oct. 3 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open on a tepid note amid mixed cues from global markets.

The trends on Gift Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading around 24,948 level, a discount of nearly 19 points from the Nifty futures' previous close.

Indian financial markets were closed on Thursday, October 2, on the account of Dussehra and Mahatma Gandhi Jayanti.

On Wednesday, the equity market ended sharply higher, snapping its eight-day losing streak, after the Reserve Bank of India's (RBI) monetary policy announcement.

The Sensex rallied 715.69 points, or 0.89%, to close at 80,983.31, while the Nifty 50 settled 225.20 poin...