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After witnessing a sharp correction following the massive rally seen in 2025, the sector is once again gaining traction; What should investors do?
Defence Stocks Surge Amid West Asia Tensions
Defence Stocks Surge: Indian defence stocks are drawing renewed investor interest as the ongoing conflict involving Iran, Israel and the United States heightens geopolitical tensions in the Middle East. After witnessing a sharp correction following the massive rally seen in 2025, the sector is once again gaining traction on expectations of stronger defence spending and export opportunities.
The latest escalation in the Iran-Israel war has revived optimism around order inflows and long-term demand for defence equipment. The Nifty India Defence Index rose nearly 3% on Thursday, reflecting improved sentiment in the segment.
Shares of Mazagon Dock Shipbuilders, Data Patterns (India), Garden Reach Shipbuilders & Engineers, and Cochin Shipyard were among the top gainers, surging as much as 9% during the session.
Investor sentiment also strengthened after reports that a United States submarine sank an Iranian warship with a torpedo in the Indian Ocean, further intensifying the conflict and reinforcing expectations of higher defence spending globally.
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March 06, 2026, 10:12 IST
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