Indian stock market, May 2 -- The domestic equity market benchmark indices, Sensex and Nifty 50, are expected to open on a flat note on Friday, as indicated by Gift Nifty, despite upbeat global market cues.

Asian markets rallied, while the US stock market ended higher overnight, with the Dow Jones and S&P 500 posting their eighth straight session of gains.

The Indian stock market was closed on Thursday, 1 May 2025, in observance of Maharashtra Day.

On Wednesday, the Indian stock market ended with minor losses, with the Nifty 50 holding the 24,300 level.

The Sensex fell 46.14 points, or 0.06%, to close at 80,242.24, while the Nifty 50 settled 1.75 points, or 0.01%, lower at 24,334.20.

"Nifty 50 index is currently in a consolidation ph...