Several Indian defense stocks, including Unimech Aerospace, Bharat Dynamics, and Solar Industries, are trading at high valuations, raising concerns about justification. While rish valuations remain a concerns for 12 other stocks, analysts cite strong order books, policy support, rising exports, and the government’s self-reliance push as reasons for investor confidence.
Why is market rising today? Sensex gains 600 points, Nifty above 24K. 3 key factors
Indian stock markets surged on Wednesday, breaking a two-day losing spell. Positive global sentiment and other factors propelled investor confidence, with Sensex and Nifty 50