India's benchmark equity indices ended the trading session on July 16, 2025, largely flat after a rangebound day marked by mixed sector performances. The Sensex closed at 82,634, gaining 63 points, while the Nifty 50 index settled nearly unchanged at 25,212, continuing its upward trend for the second consecutive session. State-owned lenders, including SBI which rose 1.72% to 830.50, were among the top gainers, supported by reports of a potential ₹25,000 crore qualified institutional placement (QIP) launch. Mahindra & Mahindra (M&M) showed notable recovery, rising 2.38% to 3,203.00, buoyed by reports of the GST council reducing the tax rate on farm equipment. Other prominent gainers included Wipro, up 2.81% to 263.00, Tech Mahindra (TECHM) increasing 1.87% to 1,608.50, and Nestle India, which advanced 1.73% to 2,458.00. Conversely, midcap stocks faced pressure with notable declines in Shriram Finance (-2.37%), Eternal (-1.63%), Sun Pharma (-1.36%), and Cipla (-1.35%). The overall market sentiment was cautious amid earnings concerns and uncertainties related to India's trade deal negotiations. Metals sector losses offset gains in banking and technology, resulting in a steady close for the major indices.