The Sensex ended a three-week winning streak with a 1.5% loss amid weak global cues and lack of favorable domestic news. Key factors to watch this week include Fed rate cut hopes, IPOs, crude oil rates, FII activity, global macroeconomic data, inflation data, and technical support levels for the Nifty index.
Rising geopolitics and indigenisation push place India’s defence sector in a structural growth cycle
India’s defence sector is experiencing a new growth phase driven by rising global security concerns, government initiatives prioritising domestic manufacturing, and a strong procurement pipeline.