New Delhi, Oct. 23 -- The Indian stock market is expected to open higher on Friday, October 23, as indicated by GIFT Nifty. The index was trading near 22,800, up around 165 points, or 0.73%, from the previous close of Nifty futures, signalling a positive start for the domestic benchmark indices.

The Sensex and Nifty 50 extended their losing streak to a third consecutive session on Thursday, as surging crude oil prices amid escalating tensions in West Asia dampened investor sentiment. The BSE Sensex declined 460.30 points, or 0.62%, to settle at 73,249.39, while the NSE Nifty 50 fell 123.70 points, or 0.54%, to close at 22,687.65.

Several stocks are likely to remain in focus during Friday's trading session as companies announce key corpo...