Shares of defence-related companies like Paras Defence, Garden Reach Shipbuilders, Data Patterns, Cochin Shipyard, Mazagon Dock Shipbuilders, and Hindustan Aeronautics rallied on Monday, amid heightened tensions at the Line of Control (LoC) following the recent Pahalgam terror attack and multiple ceasefire violations over the weekend.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and