Defence Stocks Surge Amid Rising Tensions in South Asia

Defence-related stocks soared on Tuesday following India's military actions against Pakistan. Key players like Bharat Dynamics and Ideaforge Technology saw significant gains. These stock surges come in the wake of escalating tensions post-Indian airstrikes on May 7. The defence sector remains strong amid geopolitical instability.

In a significant market movement, defence-related stocks gained attention on Tuesday, with Bharat Dynamics leading the pack by surging over 11%.

The company's shares soared 11.16%, while other noteworthy performances included Axiscades Technologies at 5%, Data Patterns at 4.05%, and Bharat Electronics with a 4.01% increase.

The stock surges come after heightened tensions between India and Pakistan, following Indian airstrikes on terrorist locations in Pakistan on May 7, under Operation Sindoor.

(With inputs from agencies.)