New Delhi, May 18 -- The Indian stock market paused briefly on Friday, May 16, after hitting a seven-month high, as subdued global signals and a sharp downturn in domestic tech stocks dampened investor sentiment.

The Nifty 50 slipped by 42 points, or 0.17 per cent, to end just above the 25,000 level at 25,019, while the Sensex declined by 200 points, or 0.24 per cent, closing at 82,330. Despite the dip, both benchmarks recorded solid weekly gains of over 4 per cent.

Wider markets saw even more robust growth, with the Nifty Midcap 100 climbing 7.21 per cent this week and the Nifty Smallcap 100 surging by an impressive 9 per cent.

Sumeet Bagadia, Executive Director at Choice Broking, believes that the Indian stock market sentiment is pos...