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HAL offers the best risk-reward among defence stocks despite expensive valuations, says Equirus
Harshit Patel, Director of Equirus Securities expects Bharat Dynamics to be a key beneficiary of the Defence Acquisition Council's ₹52,000-crore approvals, while BEL, Data Patterns, Apollo Micro Systems and Astra Microwave are well placed to benefit from rising demand for defence electronics and anti-drone systems.
NIFTY50 above 24,400, SENSEX up 557 pts in noon deals; defence stocks, Nykaa, Aegis Vopak Terminals among buzzing stocks - Upstox
NIFTY50 above 24,400, SENSEX up 557 pts in noon deals; defence stocks, Nykaa, Aegis Vopak Terminals among buzzing stocksUpstox
TD Power Systems Ltd leads gainers in 'A' group
Paras Defence and Space Technologies Ltd, Welspun Corp Ltd, Allied Blenders & Distillers Ltd and Lloyds Engineering Works Ltd are among the other gainers in the BSE's 'A' group today, 06 July 2026.
Global Market Update: Europe's STOXX 600 hits record high, eyes best weekly gain since mid-May
Europe's STOXX 600 hovered near record highs on Friday and headed for its best week since mid-May, supported by gains in defence and cyclical stocks. Investors shrugged off near-term US rate concerns as easing Middle East tensions broadened the rally beyond technology shares. Siemens led gains in Germany, while defence stocks benefited from expectations of higher military spending amid escalating geopolitical risks.
ICICI Pru's S Naren expects moderate market returns, backs gold in diversified portfolios
S Naren, Executive Director and CIO of ICICI Prudential AMC, which managed funds worth $3 billion as of May 31, 2026, said improving macro conditions have strengthened India's outlook but global AI-led capital flows continue to favour overseas markets. Naren reiterated his preference for diversified multi-asset investing over concentrated equity or standalone gold ETF exposure.
The surprising reason India's most expensive stocks often keep rising
Indian stocks defy logic, with expensive companies consistently outperforming. This trend, observed over 15 years, sees sectors like defence and retail surge despite high valuations, driven by structural shifts and strong earnings. Jefferies highlights the power sector as the next potential beneficiary, citing strong demand and private sector capex. Investors should remain aware of potential reversals if growth falters.
BSE launches Reits index; Waterways Leisure Tourism sinks on debut
BSE launches a REIT-focused index as mutual funds gear up for new schemes, while Waterways Leisure debuts at a discount and Advit Jewels lists with strong gains
Edelweiss AMC crosses ₹1 trn milestone in equity assets under management
The asset manager attributed the milestone to consistent fund performance, wider distribution and sustained retail participation through systematic investment plans across market cycles
Paras Defence partners with Powerus to manufacture Guardian-1 counter-drone system
Shares of Paras Defence and Space Technologies Ltd ended at ₹1,289.25, up by ₹105.45, or 8.91%, on the BSE.
Ola Electric Mobility Ltd leads gainers in 'A' group
Morepen Laboratories Ltd, Paras Defence and Space Technologies Ltd, Arvind Ltd and Capri Global Capital Ltd are among the other gainers in the BSE's 'A' group today, 30 June 2026.
Amber Group eyes $2 billion revenue milestone soon; invests Rs 6,750 crore in UP projects
Amber Group is poised to reach USD 2 billion in revenue soon, fueled by robust growth in its consumer durables, electronics, and railway/defence sectors. The company recently broke ground on a significant Rs 6,785 crore manufacturing expansion in Jewar, Uttar Pradesh. This includes a crucial PCB and semiconductor substrate unit via a joint venture, alongside an expanded air-conditioner complex, aiming for import substitution and future exports.
Why Boeing and Airbus could be a game changer for some Indian auto stocks
Indian auto component makers expanding into aerospace and defence could unlock a significant new growth avenue, according to fund manager Rajesh Kothari. He believes even a small share of sourcing by global aircraft giants such as Boeing and Airbus could potentially double or triple revenues for some suppliers over time.