Amid rising geopolitical tensions between India and Pakistan, India’s defense stocks are showing notable strength, attracting investor attention and boosting market momentum in this sector.

Bharat Dynamics Ltd.BDL₹1,534.00 +5.52%

Bharat Dynamics Ltd (CMP: ₹1,534, Stop Loss: ₹1,400)
Bharat Dynamics surged nearly 6% today, backed by a significant spike in trading volumes. The stock is trading above its 10-day and 21-day moving averages, confirming its ongoing uptrend and signaling strong positive momentum. With this favorable technical setup, market participants will be watching closely to see if the stock can maintain its momentum in the coming sessions, as investor confidence in the defense sector remains robust.
 

Source: NSE

Bharat Dynamics is one of the few companies globally with advanced facilities to manufacture and supply guided missiles, underwater weapons, airborne products, and allied defense equipment for the Indian Armed Forces.

Bharat Electronics Ltd.BEL₹315.90 +2.85%

Bharat Electronics Ltd (CMP: ₹315, Stop Loss: ₹288)

Bharat Electronics Limited (BEL) posted a 3% gain today, accompanied by a noticeable surge in trading volumes. The stock’s upward movement appears to be fueled by the intensifying geopolitical situation, which has heightened investor focus on defense companies. Technical indicators such as the MACD and RSI are flashing bullish signals, suggesting continued buying interest in the near term.

Source: NSE

 BEL is a leading manufacturer and supplier of electronic equipment and systems for India’s defense sector, with a limited but growing presence in the civilian market as well.

Note: Charts and prices are as of 1 PM.

Disclaimer

Investments in securities market are subject to market risks, read all the related documents carefully before investing. This is for informational purposes and should not be considered as recommendations.

Kindly refer to  https://share.market/ for more details.

PhonePe Wealth Broking Private Limited is a member of NSE & BSE with SEBI Regn. No.: INZ000302639, Depository Participant of CDSL Depository with SEBI Regn. No.: IN-DP-696-2022, Research Analyst with SEBI Regn No: INH000013387, BSE RA Enlistment Number: 5887 and Mutual Fund distributor with AMFI Registration No: ARN- 187821. Member ID: BSE- 6756, NSE- 90226. 

Registration granted by SEBI, enlistment as Research Analyst and Certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors

Registered office – 2, Floor 3, Wing A, Block A, Salarpuria Softzone, Service Road, Green Glen Layout, Bellandur, Bengaluru South, Bengaluru, Karnataka – 560103, INDIA.

CIN: U65990KA2021PTC146954.