New Delhi, Aug. 28 -- The Indian stock market is expected to open flat on Friday, tracking weak global cues. The trends on Gift Nifty also indicate a muted start for the Indian benchmark indices, Nifty 50 and Sensex today.

The Gift Nifty was trading around 24,260.5 level, a discount of nearly 21.4 points from the Nifty futures' previous close.

The domestic equity indices ended lower in the previous session, with the benchmark Nifty 50 closing below 24,100 level.

The Sensex dropped 539.35 points, or0.70%, to close at76,933.59 , while the Nifty 50 settled116.90 points, or0.48 %, lower at24,090.85.

On the Nifty options front, Chandan Taparia, Head Derivatives & Technicals, Wealth Management, Motilal Oswal Financial Services Ltd, said tha...