Defence Stocks: Still Worth Betting On?
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The defence sector has attracted significant investor interest over the past few years, turning several defence stocks into multibaggers within a short period. When the tide turned for domestic markets amid weak investor sentiment over the last year, and the benchmark Nifty 50 experienced heightened volatility, the Nifty India Defence Index remained relatively resilient and outperformed the benchmark in recent months.
The defence sector has attracted significant investor interest over the past few years, turning several defence stocks into multibaggers within a short period. When the tide turned for domestic markets amid weak investor sentiment over the last year, and the benchmark Nifty 50 experienced heightened volatility, the Nifty India Defence Index remained relatively resilient and outperformed the benchmark in recent months.
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