India, Nov. 10 -- The market sentiment on Friday reflected a cautious yet resilient tone as both the Nifty 50 and the Sensex opened lower but managed to recover most of their intraday losses by the close. Despite the weak start, both indices stayed above their key moving averages, signalling that broader market strength remains intact even as short-term volatility persists. Traders adopted a wait-and-watch approach amid mixed global cues and continued foreign fund outflows, with momentum indicators hovering around neutral levels. This suggested that while the market lacked strong bullish conviction, selling pressure was also limited, indicating consolidation rather than panic.

Across sectors, the mood was mixed. The Nifty Metal and PSU B...