New Delhi, Nov. 3 -- Indian stocks began November on a flat note as both benchmark indices ended Monday's session with modest gains. The lack of fresh catalysts failed to reignite bullish optimism, while stock-specific action continued to dominate the Street amid ongoing Q2 earnings reactions.

Although the markets opened slightly in the red, they managed to close higher, with the Nifty 50 rising 0.16% to 25,763 and the S&P BSE Sensex edging up 0.05% to 83,976.

The broader markets, however, outperformed the benchmarks, with the Nifty Midcap 100 index climbing 0.77% and the Nifty Smallcap 100 advancing 0.72%, indicating that market breadth still favored the bulls.

Despite the market's lack of momentum, PSU banking stocks continued to att...