New Delhi, Jan. 16 -- The Indian stock market finished Friday's session with modest gains as early optimism fizzled out towards the close amid weak contributions from heavyweights, even as tech and PSU stocks held up.

The Nifty 50 closed the session with a gain of 0.11% at 25,694, while the Sensex finished the trade at 83,590 points, 0.25% higher than the previous close.

The broader markets, however, closed mixed, with the Nifty Midcap 100 index rallying 0.16% and the Nifty Smallcap 100 index tanking 0.40%, indicating that investors are taking calculated bets amid the ongoing earnings season.

(more to come)

Published by HT Digital Content Services with permission from MINT....