Indian stock market, Aug. 1 -- The domestic equity market indices, Sensex and Nifty 50, are expected to open lower on Friday, following weak global market cues after US President Donald Trump slapped several countries with steep tariffs.

Asian markets declined, while the US stock market ended lower overnight as investors reacted to Trump tariffs and corporate earnings.

On Thursday, the Indian stock market ended lower amid high volatility, after US tariffs on Indian goods dampened investor sentiment.

The Sensex declined 296.28 points, or 0.36%, to close at 81,185.58, while the Nifty 50 settled 86.70 points, or 0.35%, lower at 24,768.35.

"As the new series begins, the market is likely to consolidate, but global developments and corporat...