The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open flat on Friday amid positive global market cues.Asian markets traded higher, while the US stock market rallied overnight,

On the second day of the summit, a panel of market gurus concurred that despite the Indian economy being on a structurally sound path, the equity valuation 'premium' for the Indian stock markets has 'limited room to expand' in the short-to-medium term.

Gift Nifty was trading around 24,440 level, a discount of nearly 150 points from the Nifty futures’ previous close, indicating a negative start for the Indian stock market indices.