Friday brought a wave of optimism to Indian stock markets, with notable weekly advancements. Nonetheless, investors remained watchful as talks between the US and Iran unfolded. The Nifty 50 and BSE Sensex ended the day higher, driven largely by gains in the banking and financial sectors.
India Rupee shows strong rebound on firm RBI support
On Friday, the Indian rupee made a notable leap, finishing the day above the 96 per dollar threshold. The surge was largely attributed to robust