New Delhi, June 12 -- The Indian stock market is expected to see a strong opening on Friday, following upbeat global market cues on hopes of a US-Iran peace deal. The trends on Gift Nifty also indicate a gap-up start for the Indian benchmark indices, Nifty 50 and Sensex today.

The Gift Nifty was trading around 23,460 level, a premium of nearly 260 points from the Nifty futures' previous close.

The domestic equity indices ended lower in the previous session, with the benchmark Nifty 50 closing below 23,200 level.

The Sensex dropped 150.63 points, or 0.20%, to close at 73,832.55, while the Nifty 50 settled 53.35 points, or 0.23%, lower at 23,161.60.

On the Nifty options front, Chandan Taparia Head Derivatives & Technicals, Wealth Manage...