With rising tensions between India and Pakistan and the government pushing for more local defense manufacturing, Indian defense stocks have caught investors’ attention. Companies like Bharat Dynamics (BDL), BEML, Bharat Electronics (BEL), Hindustan Aeronautics (HAL), Mazagon Dock Shipbuilders, Garden Reach Shipbuilders & Engineers, and Cochin Shipyards have seen strong interest lately. Among these, BEL, BDL,…
Morning Highlights As of 9:45 AM, Indian equity markets opened on a robust note, with both Sensex and Nifty showing strong upward momentum. Major sectors, led by Nifty IT, gained traction while Nifty Metal lagged, reflecting mixed sectoral trends. Let’s dive into the specifics. Key Market Indices The India VIX index dropped by 5.46% to…
Foreign brokerage Jefferies advocates purchasing shares of Adani Enterprises Ltd., projecting a significant rise in value. The company has assigned a āBuyā rating and set a target price of Rs 3,800. This optimism stems from their forecast of Adani group’s flagship company, Adani Enterprises, doubling its Ebitda from FY23 to FY26, with further tripling by…
