Defence ETFs saw gains after Operation Sindoor. Groww and Motilal Oswal Defence ETFs rose significantly. A defence ETF fund of fund also showed strong returns. This surge is attributed to India-Pakistan tensions and government support. The defence budget has tripled in a decade. PM Modi emphasized self-reliance in defence. Experts advise diversified equity funds over single-sector investments.
Laurus Labs shares climb 4% after Q2 profit zooms 126% YoY
Laurus Labs shares rose 3.79% to Rs 2,329 after the pharmaceutical company reported strong Q2FY27 results. Revenue increased 33% year-on-year to Rs 2,206 crore, while