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Following the successful 'Operation Sindoor,' Indian defence stocks have surged, attracting significant investor attention. Experts advise caution against impulsive buying, emphasizing a strategic approach due to potentially inflated valuations after the recent rally. Mutual funds increased holdings in several defence stocks, indicating long-term confidence, while FIIs also raised their stakes in specific companies.
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The move is aimed at combatting driver shortages which cause the majority of disruption to rail services.
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Israeli strikes in Gaza resulted in numerous fatalities, including women and children. A school sheltering displaced Palestinians was hit, causing significant casualties. Another school in Gaza City, also serving as a shelter, faced a similar attack. Tensions escalate as Israel prepares to intensify operations in Gaza. The conflict's impact on hostages and humanitarian aid remains a critical concern.
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