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Defence stocks rally for second day amid India Pakistan tension

IndiaTimes Monday, 12 May 2025
Defence stocks surged, mirroring broader market optimism fueled by expectations of increased government focus. Axiscades Technologies and Data Patterns led the gains, while drone companies like Ideaforge also saw strong interest. This rally coincided with a sharp rebound in the BSE Sensex and NSE Nifty 50, driven by easing geopolitical tensions following India and Pakistan's agreement to halt military actions.
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