New Delhi, June 9 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open higher on Monday, tracking upbeat cues from global markets, amid optimism over US-China trade talks.

The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 25,175 level, a premium of nearly 80 points from the Nifty futures' previous close.

On Friday, the domestic equity market ended higher, with the benchmark Nifty 50 closing above the 25,000 level, after the Reserve Bank of India (RBI) cut repo rate by 50 basis points (bps) to 5.50% and also reduced the Cash Reserve Bank (CRR) by 100 bps to 3%.

The Sensex surged 746.95 points, or 0.92%, to close at 82,188.99, while t...