Renewed India-Pakistan tensions have sparked investor interest in Indian defence stocks, with companies like Cochin Shipyard and Bharat Dynamics seeing significant gains. Anticipation of increased defence spending and potential export opportunities are driving this surge. While long-term prospects remain strong, some fund managers caution about the current elevated valuations and the pace of the rebound.
NSE to debut in test of India investor faith in long-term growth
The National Stock Exchange of India Ltd. is set to launch its trading journey following a successful IPO that raised $2.4 billion. Despite robust interest