New Delhi, Feb. 13 -- The Indian stock market is expected to open lower on Friday, tracking weakness on global markets. The trends on Gift Nifty also signal a negative start for the frontline indices, Nifty 50 and Sensex.

The domestic equity market ended with sharp losses in the previous session, weighed down by a selloff in IT stocks.

The Sensex declined 558.72 points, or 0.66%, to close at 83,674.92, while the Nifty 50 settled 146.65 points, or 0.57%, lower at 25,807.20.

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 25,900 strike, while maximum Put OI is at 25,800 then 25,500 strike.

"C...