New Delhi, May 8 -- The Indian stock market is expected to open lower on Friday, following weak global market cues on escalating in US-Iran war. The trends on Gift Nifty also signals a negative start for the frontline indices, Nifty 50 and Sensex today.

The Gift Nifty was trading around 24,261 level, a discount of nearly 122 points from the Nifty futures' previous close.

In the previous session, the Indian stock market ended with minor losses amid volatility, with the Nifty 50 holding above 24,300 level.

The Sensex fell 114.00 points, or 0.15%, to close at 77,844.52, while the Nifty 50 settled 4.30 points, or 0.02%, lower at 24,326.65.

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