Stock market recap, Nov. 24 -- Indian benchmark indices slipped on Friday, closing in the red as weak global cues-particularly from the US, where stronger-than-expected job data dampened hopes of a Federal Reserve rate cut-triggered broad-based selling.
The Nifty 50 fell 124 points (-0.47%) to 26,068.15, while the Sensex dropped over 400 points. Market breadth favored the bears, with 2,305 declines against 784 advances and 86 unchanged stocks, signalling a lack of buying conviction.
On the sectoral front, Nifty Metal, Realty, Financial Services, and PSU Bank indices were the biggest laggards, each losing more than 1%, while defensive sectors such as Nifty Auto and Nifty FMCG held up better, ending with minor cuts or marginal gains.
Ind...
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