Defence stocks rally for second day amid India Pakistan tension
Monday, 12 May 2025 () Defence stocks surged, mirroring broader market optimism fueled by expectations of increased government focus. Axiscades Technologies and Data Patterns led the gains, while drone companies like Ideaforge also saw strong interest. This rally coincided with a sharp rebound in the BSE Sensex and NSE Nifty 50, driven by easing geopolitical tensions following India and Pakistan's agreement to halt military actions.
In a bizarre and self-deprecating admission, Pakistan's Defence Minister, Khawaja Asif, has made headlines with his controversial statement: "We didn’t stop Indian drones to save our locations." This outlandish claim has sparked widespread mockery both within Pakistan and internationally, with...
India’s Chief of Defence Staff (CDS) General Anil Chauhan has revealed critical details about the classified Operation Sindoor, acknowledging that the Indian military suffered initial air asset..
U.S. Defense Secretary Pete Hegseth issued a dramatic warning of potential war with China, yet claimed the U.S. seeks no conflict. In a speech filled with paradoxes and Pentagon code, Hegseth promised..
At a heated UN Security Council session, Russia’s envoy proposed June 2 peace talks in Istanbul, stating that a ceasefire alone can’t bring peace. The U.S. delegation, representing Trump’s..
Monday, 12 May 2025 ()
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