Markets End Mixed: Benchmarks Slip Weekly, Rupee Soars on RBI Intervention

• Indian equities ended the week mixed; Nifty and Sensex slipped 0.3% and 0.4% respectively, but snapped a four-day losing streak on Friday with broad-based buying.
• Friday saw a strong rebound: Sensex jumped 448 points to 84,929, Nifty gained 151 points to 25,966, supported by over 40 Nifty stocks closing higher.
• PSU banks outperformed, rising 1.5%. Pharma stocks gained after the Biosecure Act, and IT stocks saw marginal gains.
• Key stock movers included Shriram Finance (+4% on MUFG investment), Piramal Finance (+4% on stake sale), Lenskart (+14% on Macquarie rating), and Aeroflex Industries (+9% on fund raise).
• The Indian Rupee recorded its biggest single-day gain in over three years, appreciating 1.1% against the dollar to 89.27/$, attributed to unexpected RBI intervention.

Why It Matters: Indian markets saw a mixed week with benchmarks down, but a strong Friday rally and Rupee surge.