Stock market news, Nov. 2 -- The Indian stock market closed on a negative note on Friday, with Nifty 50 dropping by 156 points and Sensex falling by nearly 466 points. The downturn was mainly caused by ongoing selling pressure amid careful global indicators.

Markets remained tepid following a small rate reduction by the U.S. Federal Reserve, which indicated a probable pause in additional rate cuts for the remainder of the year, creating uncertainty regarding liquidity and foreign fund inflows. Significant sectors such as healthcare, financial services, and pharmaceuticals experienced marked declines.

As per experts, a crucial observation from Friday's market performance was the continued cautious approach among investors, despite positi...