India’s defence stocks declined on Monday amid profit booking and subdued broader market sentiment, following a sustained rally that had positioned the sector among the market’s top performers in recent months. The Nifty India Defence index dropped 1.5%, signalling a potential pause in momentum. Paras Defence and Space Technologies led the slide, tumbling 8%. Garden…
READ MOREShares of domestic defence stocks like Ideaforge and Hindustan Aeronautics Ltd (HAL) rallied up to 8% on Friday after Israel launched a series of military strikes on Iran, reigniting fears of a broader conflict and driving investor interest in defence-linked companies. Shares of Ideaforge Technology jumped as much as 8.1% on the BSE to Rs…
READ MOREMarkets traded with high volatility and lost over half a percent after two consecutive sessions of rebound. In today’s trade, shares of IRCTC, LIC, Olectra Greentech, ITC, NMDC among others will be in focus due to various news developments and fourth quarter results. IRCTC, SAILShares of IRCTC and SAIL will be in focus as the…
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