Valuation fears hit defence shares: The place are they headed? Right here’s what analysts say
Defence sector shares got here underneath strain on Thursday as traders booked income following a pointy three-month rally. The Nifty India Defence Index dropped 2%, lagging the broader Nifty which ended 0.5% decrease.Out of the 18 shares on the defence index, 16 closed within the pink. Bharat Dynamics was the largest loser, falling 4.8% to…
