By Admin 
Defense stocks: On Friday, there were Zaradar attacks on several nuclear installations in Iran to prevent nuclear weapons from making. After this, while the domestic stock market saw a huge decline on one side and the Sensex went down 1100 points, while the shares of defense companies also increased tremendously. Amidst the global international tension, many stocks including India Dynamics and Paras have seen a rise of up to eight percent.
Defense shares run away from stress
India Forge, which is considered to be the best company of making drone technology, has seen a jump of about eight percent. HAL shares have also gone up four percent. Apart from this, the stock of Gen Technology has also gained four percent jump and is trading at a price of Rs 1981 per share. Paras Defense and India Dynamics stocks have seen a jump of about two and a half percent. While Garden Reach Shipbuilders and Engineers, Cochin Shipyard, Solar Industries, Bharat Electronics including many other stocks have also seen a boom.
Israel’s big attack
It is worth noting that Israel has named Operation Rising Lion, who has run the operation against Iran to stop its nuclear programs. Israeli Prime Minister Benjamin Netanyahu said in a video message that Operation Rising Lion has been started by Israel a short time ago. This is a target -based military action to eliminate the increasing threat from Iran.
Market experts believe that India has already moved to self -sufficiency in the defense sector. In such a situation, among the increasing geopolitical stress, people are also drawing attention to investing in the defense sector. In such a situation, the defense market of India can get a big benefit in the coming days.
Also read: EXPLAINED: Israeli missile and fire on Iran falls on fire, now what will be affected India?