New Delhi, Jan. 30 -- The Indian stock market is likely to open lower on Friday amid mixed global market cues. The trends on Gift Nifty also signal a weak start for the benchmark indices, Nifty 50 and Sensex today.

On Thursday, the equity market extended its rally for the third consecutive session, with the benchmark Nifty 50 reclaiming 25,400 level.

The Sensex gained 221.69 points, or 0.27%, to close at 82,566.37, while the Nifty 50 closed 76.15 points, or 0.30%, higher at 25,418.90.

On the Nifty options front, Chandan Taparia, Head Derivatives & Technicals, Wealth Management, Motilal Oswal Financial Services Ltd. said that the maximum Call Open Interest (OI) is at 26,000 then 25,500 strike, while maximum Put OI is at 25,000 then 25,3...