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Defence stocks rally amid rising geopolitical tensions
short by / on Monday, 28 April, 2025
Indian defence stocks surged on Monday amid rising India-Pakistan tensions and the ₹63,000 crore Rafale deal with France. The Nifty Defence index rose 4%, led by Paras Defence, Garden Reach Shipbuilders, and Bharat Electronics. Investors await Defence Minister Rajnath Singh's meeting with PM Modi, while US Vice President JD Vance highlighted growing US-India defence manufacturing collaboration.
read more at Stockwits