New Delhi, Aug. 29 -- The Indian stock market is expected to open with modest gain on Friday amid mixed global market cues. The trends on Gift Nifty also signal a marginally higher start for the Nifty 50 and Sensex today.

The equity market succumbed to heavy selling pressure on Thursday amid concerns over the impact of 50% US tariffs on the Indian economy.

The Sensex crashed 705.97 points, or 0.87%, to close at 80,080.57, while the Nifty 50 settled 211.15 points, or 0.85%, lower at 24,500.90.

On the Nifty options front, Chandan Taparia, Head - Derivatives and Technicals, Wealth Management, MOFSL said that the maximum Call OI (Open Interest) is at 25,000 then 24,800 strike, while maximum Put OI is at 24,500 then 24,000 strike.

"Call wr...