Indian stock market, April 17 -- The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open lower on Thursday, following mixed global market cues.

Asian markets traded mixed, while the US stock market ended sharply lower overnight after Fed Chair Jerome Powell warned that President Donald Trump's tariffs could inflict lasting economic damage.

On Wednesday, the Indian stock market ended choppy session higher, extending the rally for the third consecutive session.

The Sensex surged 309.40 points, or 0.40%, to close at 77,044.29, while the Nifty 50 settled 108.65 points, or 0.47%, higher at 23,437.20.

"Participants responded positively to favorable cues, including the update on a normal monsoon, further easing of re...