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Closing Bell: Nifty/Sensex Ended Marginally Higher; Asian Paints, Hindalco Top Gainers

Stock Market Live Updates: After three straight sessions of gains, the Indian stock market finished today flat as investors were wary ahead of key macroeconomic indicators and global events. The Nifty 50 ended at 25,884.90, up just 0.035%, while the Sensex closed slightly higher at 84,478.67, up 0.014%.

Closing Bell: Nifty/Sensex Ended Marginally Higher; Asian Paints Top Gainer

"Indian equity benchmarks extended gains on November 12th, closing on a firm footing with the Nifty decisively reclaiming the 25,850 mark. Global markets moved higher as investor confidence improved, supported by hopes of a deal to avoid the U.S. government shutdown and rising expectations of early Fed rate cuts following signs of a slowdown in the U.S. job market. Emerging markets also gained, reflecting the pickup in overall global sentiment," stated Bajaj Broking in its commentary.

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On Nifty 50 outlook for today, the brokerage added, "Nifty formed a bullish candle on the daily chart with a higher high and a higher low and a bullish gap below its base (25715-25780) signaling continuation of the up move. Going ahead, we expect the index to maintain positive bias while holding above Wednesday bullish gap area and head towards 26,000-26,100 in the coming sessions.In line with our expectations, buying demand has emerged from the support area of 25,300-25,400, which aligns with the 50-day EMA, the previous breakout level, and the 50% retracement of the earlier up move (24,587-26,104)."

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