Defence Sector Stocks on a Steady Climb

Defence sector stocks have maintained their upward trajectory, with significant gains observed across aerospace, missile, and drone manufacturing companies. This surge is attributed to increased investor interest following India's recent counter-terror operations.

Leading the Charge

Paras Defence and Space Technologies saw an impressive 18.90% increase in shares, with Data Patterns and Astra Microwave Products also posting notable gains of 9.25% and 7.10% respectively on the BSE.

Broad Market Impact

Despite the rally in defence stocks, broader markets experienced a downturn. The BSE Sensex and NSE Nifty both recorded losses, highlighting a mixed day for investors.

Global Market Context

Asian markets presented a varied picture, with some indices like Japan's Nikkei 225 and Hong Kong's Hang Seng trading lower, while South Korea's Kospi managed to stay in positive territory.