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Defence stocks continue winning streak, Paras Defence jumps nearly 19%

IndiaTimes Friday, 16 May 2025
Defence sector stocks surged following India's counter-terror operations, with Paras Defence leading the rally at 18.90%. Operation Sindoor, launched in response to the Pahalgam attack, fueled investor interest in aerospace, missile, and drone manufacturing companies. Despite the defence sector's gains, broader markets experienced a decline, with the Sensex and Nifty ending lower.
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