New Delhi, Aug. 18 -- The Indian stock market is expected to open higher on Monday, tracking positive domestic and global cues. The trends on the Gift Nifty also signal a gap-up start for the benchmark indices, Nifty 50 and Sensex.

Last week, the markets remained choppy and the indices ended with marginal gains on Thursday. The Indian stock was shut on Friday on account of Independence Day.

The Sensex advanced 57.75 points, or 0.07%, to close at 80,597.66, while the Nifty 50 settled 11.95 points, or 0.05%, higher at 24,631.30.

On the Nifty options front, Chandan Taparia Head Derivatives & Technicals, Wealth Management, Motilal Oswal Financial Services said that the maximum Call OI (Open Interest) is at 24,700 then 25,000 strike, while ...