Defence stocks rally after Operation Sindoor: HAL, BDL, BEL surge up to 7% as tensions with Pakistan escalate

Defence stocks rally after Operation Sindoor: HAL, BDL, BEL surge up to 7% as tensions with Pakistan escalate

India’s defence sector stocks witnessed strong buying interest on Friday, May 9, after the Indian Armed Forces carried out strategic missile strikes under Operation Sindoor targeting nine terror hubs in Pakistan and Pakistan-occupied Kashmir (PoK). This escalation, following the deadly Pahalgam terror attack, has reinforced investor confidence in companies catering to India’s military infrastructure and…

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First Trade: Sensex falls over 900 pts, Nifty hovers near 24,100 as India-Pak tensions escalate; defence stocks gain

First Trade: Sensex falls over 900 pts, Nifty hovers near 24,100 as India-Pak tensions escalate; defence stocks gain

Indian equity benchmarks nosedived in Friday’s session (May 9, 2025) as India continued its retaliation across major cities in Pakistan following the neighbouring country’s failed attempts to target bordering regions on the Indian side, including Union Territory Jammu and Kashmir. The BSE Sensex index tumbled 952 points or 1.2 per cent, while the NSE’s Nifty dropped 156 points to…

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Anil Singhvi Market Strategy (May 9) Amid Indo-Pak War: Important levels to track in Nifty 50, Nifty Bank today

Anil Singhvi Market Strategy (May 9) Amid Indo-Pak War: Important levels to track in Nifty 50, Nifty Bank today

Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi expects support for the headline Nifty50 index at 24,050-24,150 and 23,800-23,900 levels, and an even stronger support zone at 23,550-23,650 levels on Friday, May 9, after India not only blocked but also responded firmly to Pakistan’s attempts to target several parts alongside the Line of Control. For the Nifty Bank,…

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