Defence outperforms sectoral indices; surges 34.82% in six months, far ahead of Nifty - is the rally sustainable?
Thursday, 3 July 2025 () India's defence sector has surged, outperforming all others with a 34.82% return in six months, driven by government support and strong order visibility. PSUs like HAL and BEL lead the rally, fueled by 'Make in India' initiatives and geopolitical tensions. While defence funds see gains, experts caution against chasing momentum due to potential valuation consolidation.
UK to build 12 new submarines and six new munition factories as part of Strategic Defence Review
The British government on Monday endorsed 62 recommendations made in an externally-led Strategic..
Credit: euronews (in English) Duration: 01:26Published
Thursday, 3 July 2025 ()
![UK to build 12 new submarines and six new munition factories as part of Strategic Defence Review [Video]](https://video.newsserve.net/300/v/20250602/1412689620-UK-to-build-12-new-submarines-and-six.jpg)
