Nifty Ends Higher But Snaps 2-Week Winning Streak; Defense Stocks Rally, Broking Firms Take A Hit

Indian equity markets ended higher on Friday, with the Nifty closing below the 25,500 mark. However, the benchmarks snapped a two-week winning streak to end lower on the weekly chart. On Friday, the Sensex closed 193 points higher at 83,432, while the Nifty 50 rose 55 points to 25,461. Broader markets were lacklustre with the Nifty Midcap and Small…