New Delhi, April 24 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open on a cautious note Friday, following mixed global market cues, amid soaring crude oil prices and escalating US-Iran war in the Middle East.

Asian markets traded mixed, while the US stock market ended lower, with the Wall Street benchmark indices retreating from record highs.

On Thursday, the Indian stock market witnessed a strong selloff for the second consecutive session.

The Sensex crashed 852.49 points, or 1.09%, to close at 77,664.00, while the Nifty 50 settled 205.05 points, or 0.84%, lower at 24,173.05.

"Select sectors and themes continue to exhibit strength; hence, participants should remain focused on stock selection and...