Defence stocks are rallying sharply with strong technical breakouts, though select heavyweights signal near-term overbought conditions. Analysts advise avoiding chasing the surge and instead adopting a buy-on-dips strategy. Broader market momentum remains positive, with selective opportunities in smallcaps and identified stocks showing potential upside.
9 stocks that may get demoted to smallcap in AMFI rejig
Jubilant Foodworks and Godrej Industries are borderline names in the midcap stocks list that may get smallcap status in H2 CY26. They have market capitalisations