There are the few companies that will probably benefit from higher defence spending in India and globally and there we see larger upside, but I would not kind of say that it is a broad rush approach that you should take towards the sector.
Dharmesh Shah sees strong support at 25,500–25,700; expects Nifty to rebound towards 26,100 soon
Indian markets saw pressure with Nifty dipping below key support. Analysts believe this is a healthy correction within a bull trend. Nifty is expected to
December 9, 2025