New Delhi, Aug. 22 -- The Indian stock market is expected to open lower on Friday ahead of the US Federal Reserve Chairman Jerome Powell's speech at the Jackson Hole Economic Symposium.

The trends on Gift Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading around 25,084 level, a discount of nearly 38 points from the Nifty futures' previous close.

The equity market extended its rally for the sixth consecutive session on Thursday, and the benchmark Nifty 50 closed above 25,000 level.

The Sensex advanced 142.87 points, or 0.17%, to close at 82,000.71, while the Nifty 50 settled 33.20 points, or 0.13%, higher at 25,083.75.

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