India, June 12 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open higher on Friday, supported by strong global market cues and improving risk sentiment. Investor optimism has been boosted by expectations of a potential US-Iran peace agreement, following reports that US President Donald Trump canceled planned military strikes against Iran. This development has eased geopolitical concerns and improved global market appetite for risk assets. Asian equity markets recorded a broad-based rally, while US stock markets closed sharply higher overnight, with all three major indices posting their strongest single-day gains since April 8.

In contrast, Indian markets ended lower on Thursday amid heightened geopoli...