Garden Reach Shipbuilders and Engineers jumped 20% while Ideaforge Technology and Mazagaon Dock Shipbuilders surged over 10%. Cochin Shipyard rose 8.9% and Mishra Dhatu Nigam and Bharat Dynamics gained 8.4% and 6.4%,respectively. Paras Defense & Space Technologies moved 6.2% while DCX Systems and Hindustan Aeronautics rose over 4% each.
Oil shock from Iran war raises risks for India’s stock market
Escalating Middle East tensions are poised to further weaken Indian equities, with strategists warning of underperformance against global peers. Higher oil prices, driven by the