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flag India's main stock indices closed slightly lower, but mid and small-cap stocks showed gains, amid global uncertainties.

flag On May 16, 2025, India's benchmark indices, the Sensex and Nifty, closed slightly lower due to profit booking in tech giants and financial services sectors. flag Despite the decline, mid and small-cap indices showed significant gains. flag Foreign institutional investors were net buyers, contributing to market stability. flag The broader market saw a mixed performance with defense stocks leading gains, while IT and banking sectors faced losses. flag Overall, the market maintained a cautious optimism amid global uncertainties and awaited clearer trade talks outcomes.

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