Stock market news, Nov. 14 -- On Thursday, the Indian markets ended the day with slight gains. The Nifty 50 closed at 25,879.15, rising by 3.35 points (0.01%), while the Sensex finished at 84,478.67, up by 12.16 points (0.01%) compared to the previous close. Both indices fluctuated within a narrow band and bounced back from initial declines, as investors remained cautiously optimistic due to low inflation figures and mixed signals from global markets.
Abhinav Tiwari, a Research Analyst at Bonanza, noted that the drop was primarily influenced by ongoing food price deflation, a robust base effect, and decreases in essential goods prices. This trend is fueling increased expectations of a rate cut during the forthcoming RBI policy meeting.
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