David Nalbandian, who bid adieu to Pro tennis circuit in 2013, is the only Argentine player to reach semifinals or better at all Grand Slams
David Nalbandian had a moment to cherish in 2005 when he defeated Roger Federer is five sets to become only the second Argentinian Tennis player to win a Masters tournament.
Djokovic has the opportunity to win the World Tour Finals, the Davis Cup and finish the year as world number one.
Ferrer played tough in both sets, but he was unable to pull off the win against a determined Novak Djokovic.
Ferrer, 31, who won his only Masters title last year in the French capital, dominated his fellow Spaniard 6-3, 7-5 to set up the championship decider against Djokovic who came back to win 4-6, 6-3, 6-2 against the 2011 Paris champion.
The six-time Grand Slam winner, who last suffered defeat in the US Open final against Rafael Nadal, overcame an inspired Federer before finally taking victory 4-6, 6-3, 6-2 in just over two hours.
The fifth seed Indo-French pair suffered a 6-7 (5) 6-3 4-10 against Croat-Brazil combo in one hour and 17 minutes.
Djokovic swept into the semi-finals with a rapid-fire 6-1, 6-4 win over Stanislas Wawrinka, while Federer came through a second set wobble to edge Juan Martin del Potro 6-3, 4-6, 6-3.
Novak Djokovic will next play the winner of the match between Roger Federer and Juan Martin del Potro for a place in Sunday's final.
World No. 1 Rafael Nadal defeated last year's runner-up Jerzy Janowicz 7-5, 6-4.
Stanislas Wawrinka and Richard Gasquet qualified after Milos Raonic, who needed at least a runner-up finish in Paris to have a chance to qualify for the London tournament, lost to Tomas Berdych in the third round of the Paris Masters.
Novak Djokovic next plays Stanislas Wawrinka, who stayed in contention for one of the two remaining ATP finals spots by beating Nicolas Almagro of Spain 6-3, 6-2.
The Swiss number two solidified his seventh place ranking with a confident 6-3, 6-2 hammering of his Spanish 12th seeded opponent.
Bopanna and his French partner defeated American pair of John Isner and Nicholas Monroe 7-6(2) 7-5 after one hour and 13 minutes.
Federer's 6-4, 6-4 victory over South African Kevin Anderson was enough to secure his spot at the World Tour Finals in London, his 12th straight appearance at the season's glamour finale.
The former Australian Open finalist wasted two match points before double faulting in the final set tie-break to gift world number 18 Kei Nishikori a place in the Paris Masters last-16.
Marin Cilic tested positive for the stimulant nikethamide at the Munich Open in May and was banned for nine months by an independent tribunal in September. But the Court of Arbitration for Sport reduced the ban to four months last Friday.
While Rohan Bopanna and his French partner Roger-Vasselin Edouard have been seeded fifth, Leander Paes and his Canadian partner Daniel Nestor are seeded seventh.