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Defence Stocks Rally as Geopolitical Tensions Boost Sector Sentiment
Defence stocks surged up to five percent following geopolitical developments that lifted expectations of higher defence spending.
Defence sector stocks moved sharply higher after reports of U.S. military action intensified geopolitical tensions, triggering renewed interest in defence manufacturing companies. Shares of BEL, HAL, and Paras Defence rose up to five percent as investors anticipated increased defence spending and order inflows. Market experts note that defence stocks often react positively to geopolitical developments, though they caution against short-term over exuberance.