Nifty India Defence index gains nearly 1%; DCX Systems, Solar Industries, HAL, BEL lead rally

Nifty India Defence index gains nearly 1%; DCX Systems, Solar Industries, HAL, BEL lead rally

Defense stocks rally: Indian defence stocks rallied significantly on August 22, fueled by mounting geopolitical tensions after Russia launched one of its largest air assaults on Ukraine—deploying 574 drones and 40 missiles—despite US overtures for a ceasefire. As a result, the Nifty India Defence index rallied nearly 1 per cent, reaching around 7,760.25. According to Ukrainian…

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Russia-Ukraine War: Putin proposes peace talks with Zelenskyy ‘without preconditions’ in Istanbul on May 15

Russia-Ukraine War: Putin proposes peace talks with Zelenskyy ‘without preconditions’ in Istanbul on May 15

Russian President Vladimir Putin has proposed reviving direct peace talks with Ukraine in Istanbul on May 15 “without preconditions,” responding to growing international calls for an immediate, unconditional ceasefire. The offer came shortly after Ukraine and its allies demanded that Moscow agree to a 30-day ceasefire or face intensified sanctions. In comments to reporters early…

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