Indian stock market, Jan. 3 -- The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open lower on Friday tracking mixed global market cues.

Asian markets traded mixed, while the US stock market ended lower overnight, with the S&P and the Nasdaq posting five consecutive sessions in the red, their longest losing streak since mid-April.

On Thursday, the Indian stock market witnessed a strong rally, with both the benchmark indices jumping nearly 2% each, boosted by buying across the board.

The Sensex jumped 1,436.30 points, or 1.83%, to close at 79,943.71, while the Nifty 50 settled 445.75 points, or 1.88%, higher at 24,188.65.

"While markets failed to deliver a Christmas rally over the past few weeks, the New Year ...