Defence stocks experienced a downturn on Thursday, with the Nifty India Defence Index falling 2%, driven by profit booking and easing geopolitical tensions. Investors reassessed high valuations following a significant rally in the past three months. Bharat Dynamics led the decline after Motilal Oswal initiated coverage with a ‘neutral’ rating, citing fair valuation.
In Asia, India secured best trade deal with US: Piyush Goyal
India has secured the best trade deal with the United States among its competitors. Commerce and Industry Minister Piyush Goyal highlighted the strong relationship between