The U.S. stock market has achieved record highs, fueled by hopes of cooling U.S.-Iran tensions and an anticipated robust first-quarter earnings season. Despite war-related concerns, major indexes like the S&P 500 and Nasdaq have seen a swift rebound, with investors now focusing on corporate profits. However, elevated oil prices and potential inflation remain key concerns.
Will BDL, HAL & other defence stocks deliver rocketing returns? Here’s why this brokerage remains bullish
India’s defence sector is gaining momentum on the back of rising defence spending, localisation, strong order pipelines and growing exports. Bajaj Broking remains bullish on