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Stocks likely to be in focus include DIC India, 5Paisa Capital, Banco Products (India), Falcon Technoprojects India, Mishra Dhatu Nigam (Midhani), Maha Rashtra Apex Corporation and Metropolis Healthcare
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India’s defence sector is experiencing a new growth phase driven by rising global security concerns, government initiatives prioritising domestic manufacturing, and a strong procurement pipeline. Opportunities are expanding for Indian manufacturers, particularly in export markets, as the nation strengthens its self-reliance in defence production.
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Nifty experienced its third consecutive decline on Friday, driven by ongoing geopolitical tensions impacting market sentiment. Technical indicators suggest a weak trend with potential for further downside. Despite the broader market weakness, two stock recommendations, NTPC Green and Tata Power, are presented with bullish outlooks and specific targets.
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Metropolis Healthcare’s shares will trade ex-record date for its 3:1 bonus issue on Friday, meaning only shareholders holding the stock by the record date are eligible. This corporate action will increase the number of shares held by eligible investors without altering the total value of their investment.
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The prospect of a prolonged Iran war and surging oil prices is forcing investors to reassess risks across sectors from airlines and shipping to chipmakers and clothing suppliers. Global stocks have fallen 5.5% since the conflict began, while fears of supply disruptions, rising inflation and delayed US rate cuts are reshaping market bets.
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