New Delhi, Jan. 16 -- Indian stock markets wrapped up the week largely flat as investors parsed the first batch of December-quarter earnings, finding no clear cues to take fresh positions in the week ahead.

The Nifty 50 closed the week at 25,693.85 and the BSE Sensex at 83,556.87, as global volatility eroded investor confidence and triggered profit booking, capping gains through the week.

Sentiment got a mild boost after the commerce secretary on 15 January said the first tranche of the India-US trade deal was nearing finalisation. Separately, easing US-Iran tensions after reports said Washington assured Tehran of no imminent strikes helped soothe investor nerves.

Still, buying stayed selective in heavyweights, while broader sentiment ...