Indian stock market, Nov. 9 -- The Indian stock market benchmarks, Sensex and Nifty 50, closed on a lower note on Friday, November 7, marking their third straight session of losses amid weak global cues.

Both indices were down nearly 1% at one point during the day but recovered most of their losses to finish slightly lower. The Sensex slipped 95 points, or 0.11%, to 83,216.28, while the Nifty 50 fell 17 points, or 0.07%, to 25,492.30. Among broader indices, the BSE Midcap index gained 0.25%, whereas the Smallcap index closed flat.

The market is experiencing a "sell-on-rise" pattern amid mixed Q2 earnings results. Investors are treading carefully, awaiting more clarity on the potential India-US trade agreement and the resolution of the o...