Indian stock market, June 6 -- The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open on a tepid note Friday, tracking mixed sentiment in global markets, and ahead of the Reserve Bank of India's monetary policy.

Asian markets traded higher, while the US stock market ended lower overnight, with all three indices closing in the red.

The RBI Governor Sanjay Malhotra will announce the monetary policy decision later today. Economists expect RBI's Monetary Policy Committee (MPC) to cut repo rate by 25 basis points (bps) to 5.75% from 6%, its third straight repo rate cut.

On Thursday, the Indian stock market ended higher led by broad-based buying, with the benchmark indices gaining over half a percent each.

The Sens...