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.
FPIs reverse 4-month selling trend with Rs 15,157 cr inflow in Jul
In July, foreign investors turned net buyers of Indian equities following a period of large outflows, prompted by favorable domestic macroeconomic trends and improved global