New Delhi, Sept. 19 -- The Indian stock market is expected to open lower on Friday amid cautiousness on the domestic front, despite strong global market cues. The trends on Gift Nifty also signal a tepid start for the benchmark indices, Senex and Nifty 50.

The equity market extended its rally on Thursday and the benchmark Nifty 50 closed above 25,400 level.

The Sensex gained 320.25 points, or 0.39%, to close at 83,013.96, while the Nifty 50 settled 93.35 points, or 0.37%, higher at 25,423.60.

On the Nifty options front, Chandan Taparia Head Derivatives & Technicals, Wealth Management, Motilal Oswal Financial Services Ltd said that the maximum Call Open Interest (OI) is at 25,500 then 25,400 strike, while maximum Put OI is at 25,400 the...