Defence stocks build up on hopes war to spur spends

Defence stocks build up on hopes war to spur spends

Indian defense stocks have shown resilience amidst global market turmoil, outperforming the Nifty. Investors are betting on increased defense spending due to escalating geopolitical tensions in West Asia and a prickly neighborhood. Companies specializing in d…

Mumbai: Indian defence stocks haven't allowed the West Asia-spawned onslaught on risk assets to breach their citadels, as investors bet unstable geopolitics and a prickly neighbourhood would prompt D… [+3980 chars]

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Defence stocks build up on hopes war to spur spends - FHMnews