Mumbai, Nov. 3 -- Benchmark indices closed slightly higher on Friday, supported by strong corporate earnings, encouraging macroeconomic data, and robust auto sales. However, gains were capped by profit booking at higher levels in the absence of fresh domestic triggers.

The Nifty 50 settled above the 25,750 mark after a choppy session. The broader market continued to outperform, as investors preferred taking short- to medium-term positions in stocks showing solid Q2 results. PSU banks and pharma stocks were among the top gainers. On the other hand, IT stocks came under pressure, tracking weakness in U.S. tech shares, as hopes for an early U.S. Federal Reserve rate cut faded.

Global cues turned slightly positive after signs of a trade tru...