New Delhi, July 17 -- The Indian stock market is expected to trade with a cautious bias on Friday, following weakness in global markets, amid escalating US-Iran war and elevated crude oil prices. The trends on Gift Nifty also signal a flat start for the frontline indices, Nifty 50 and Sensex today.

The Gift Nifty was trading around 24,097 level, a premium of nearly 1 point from the Nifty futures' previous close.

"Investor concerns have intensified after the US launched a sixth wave of airstrikes on Iran, further escalating the conflict and keeping global financial markets on edge. Any fresh deterioration in the situation could trigger renewed risk aversion and increase volatility across asset classes," said Ponmudi R, CEO of Enrich Mone...