New Delhi, Nov. 11 -- Indian stock market benchmarks ended with decent gains on Monday, November 10, led by gains in select heavyweights. The Nifty 50 rose 0.32 per cent to end at 25,574.35 even as foreign institutional investors (FIIs) sold Indian stocks worth Rs.4,114.85 crore in the cash segment.
On the fundamental front, Q2 earnings, news on India-US trade talks, and global cues will keep influencing market sentiment. On the technical front, the Nifty appears to be in a consolidation mode.
Ajit Mishra, the SVP of research at Religare Broking, pointed out that the Nifty 50 closed below its 20-day EMA around 25,587, which does not favour bulls.
"As long as the index holds above the 25,300 mark, a phase of consolidation at current lev...
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