Stock market news, Nov. 23 -- After a two-day surge, the benchmark indices Sensex and Nifty 50 ended lower on Friday, primarily driven by poor global trends and diminishing expectations for a rate cut by the US Federal Reserve in December.

The Sensex fell by 400.76 points, or 0.47%, ending at 85,231.92. At one point during the day, it dropped by 444.84 points, or 0.51%, to reach 85,187.84. The Nifty 50 decreased by 124 points, or 0.47%, to close at 26,068.15, following a rally of over 1%, or 282 points, that had brought it above 26,000 in the previous two trading sessions.

The India VIX rose by 13%, indicating heightened volatility and uncertainty among traders.

Experts noted that despite the market's negative closing, it remains close...