New Delhi, Aug. 1 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Friday, tracking weakness in global markets, after the US President announced to impose reciprocal tariffs on several trading partners.

The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 24,729 level, a discount of nearly 143 points from the Nifty futures' previous close.

On Thursday, the domestic equity market indices ended lower amid high volatility, with the Nifty 50 closing below the 24,800 level.

The Sensex dropped 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.

Here's what to ex...