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Is the ceasefire between Israel and Iran impacting indian defence stocks like BEML
The long-standing tensions between Israel and Iran reached a boiling point earlier this year, rattling global markets and drawing attention to defence-related sectors worldwide. In India, defence stocks such as BEML, Garden Reach Shipbuilders & Engineers (GRSE), and Zen Technologies witnessed a surge in investor interest during the conflict. However, the announcement of a ceasefire between the two nations has triggered a new wave of market sentiment, prompting investors to question the immediate future of Indian defence stocks.
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