New Delhi, June 6 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open on a tepid note Friday amid mixed global market cues and ahead of the RBI policy today.

The trends on Gift Nifty also indicate a tepid start for the Indian benchmark index. The Gift Nifty was trading around 24,841 level, a discount of nearly 20 points from the Nifty futures' previous close.

The Reserve Bank of India (RBI) Governor Sanjay Malhotra will announce the monetary policy decision today. The RBI's Monetary Policy Committee (MPC) is likely to deliver a 25 basis points (bps) repo rate cut to 5.75% from 6%.

On Thursday, the domestic equity market indices ended over half a percent higher each, with the benchmark Nifty 50 closing ...