Indian stock market, Sept. 5 -- The domestic equity market benchmark indices, Sensex and Nifty 50, are expected to open higher on Friday, following gains in global markets.

Asian markets traded higher, while the US stock market rallied overnight, with the S&P 500 closing at record high.

On Thursday, the Indian stock market ended with modest gains, buoyed by positive sentiment surrounding the GST reforms, however, concerns over lingering US tariffs weighed.

The Sensex gained 150.30 points, or 0.19%, to close at 80,718.01, while the Nifty 50 settled 19.25 points, or 0.08%, higher at 24,734.30.

"While headwinds persist from continued FII outflows and uncertainty around the US trade deal, the recent GST reforms are expected to boost consu...