New Delhi, April 17 -- The Indian stock market is expected to open on a tepid note Friday, following mixed global market cues, amid cautiousness over the uncertainty of US-Iran peace talks. The trends on Gift Nifty also signals a muted start for the frontline indices, Nifty 50 and Sensex today.

The Gift Nifty was trading around 19,440 level, a discount of nearly 30 points from the Nifty futures' previous close.

The domestic equity market ended lower in the previous session, amid profit booking at higher levels, with the benchmark Nifty 50 closing near 24,200 level.

The Sensex fell 122.56 points, or 0.16%, to close at 77,988.68, while the Nifty 50 settled 34.55 points, or 0.14%, lower at 24,196.75.

On the Nifty options front, Chandan T...