On Wednesday, July 16, Indian benchmark indices ended the trading session in the green, mostly flat, extending yesterday’s gain. Nifty 50 closed above the 25,200 mark, led by Infosys and Mahindra and Mahindra (M&M).
At the closing bell, the Nifty 50 ended up by 16.25 points or 0.06%, at 25,212.05. The Sensex jumped by 63.57 points or 0.08% to 82,634.48.
The Nifty Auto index closed in green was up by 0.44%, with Mahindra & Mahindra emerging as top gainer and Tata Motors being the biggest drag. The metal index was down 0.54%. Meanwhile, IT stocks rose 0.63%, the biggest boost for the benchmarks; Tech Mahindra rose 1.83% ahead of its Q1FY26 earnings.
On the sectoral front, 8 out of 11 key sectors ended in positive territory. Meanwhile, broader indices like Smallcaps and Midcaps eked out modest gains, mirroring moves in the frontline indices.
Among individual stocks,
The Nifty PSU Bank index surged by 1.81% on Wednesday. Punjab National Bank emerges as the top gainer among the PSU Banking stocks. On the flip-side, the Nifty Metal index declined by 0.54%.
The Nifty PSU Bank Index surged 1.81% to reach an 11-month high.
The key drivers of the index gains were:
On the other hand, these stocks weighed on the index:
The broader market indices ended on a Positive note, the Mid-cap 100 index closed slightly up by 0.01% and the Small-cap 100 index moved up by 0.03%.
As of July 16, 2025, the market breadth was strong, standing on the positive side. Out of 3,018 stocks traded on the NSE, 1,660 advanced, 1,269 declined, and 89 remained unchanged.
A total of 78 stocks touched their 52-week highs, while 22 hit their 52-week lows. Additionally, 96 stocks were locked in their upper circuits, whereas 60 stocks were in lower circuits.
Disclaimer: The article is for informational purposes only and not investment advice.