New Delhi, Sept. 22 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Monday, following the new H-1B visa fees hike by the US President Donald Trump, and worries over its impact on the Indian IT companies.

The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 25,320 level, a discount of nearly 91 points from the Nifty futures' previous close.

On Friday, the equity market indices ended lower on profit booking, with the benchmark Nifty 50 closing below 25,400 level.

The Sensex dropped 387.73 points, or 0.47%, to close at 82,626.23, while the Nifty 50 settled 96.55 points, or 0.38%, lower at 25,327.05.

"We are of the view that...