New Delhi, Nov. 17 -- On Friday, Indian benchmark indices closed with marginal gains, consolidating recent gains amid mixed global cues and the Bihar election results. The Nifty 50 closed 0.12% higher, settling slightly below 26,000, and the Sensex had a similar trajectory. Global sentiment, particularly the overnight decline in the US markets due to inflation concerns and technology valuations, initially weighed on the opening.

On the sectoral front, strength was witnessed in select segments such as Defence and Metals, while profit booking surfaced in Capital Goods and some high-flying mid-cap stocks. The broader market displayed a slight negative bias, with the overall advance-decline ratio hovering near 1:1, indicating stock-specific ...