New Delhi, May 30 -- Sensex and Nifty 50, the Indian stock market benchmark indices, are likely to open on a flat note on Friday amid mixed global cues. The trends on Gift Nifty also signal a muted start for the Indian market.

The domestic equity market ended higher on Thursday, with the Nifty 50 settling above 24,800 level.

The Sensex gained 320.70 points, or 0.39%, to close at 81,633.02, while the Nifty 50 settled 81.15 points, or 0.33%, higher at 24,833.60.

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

"Call writing is seen at 24,800 then 25,000 st...