📈 Defence Stocks Surge Up to 32% Amid Geopolitical Tensions Post Pahalgam Terror Attack

🔹 Key Stock Movements:

• 💥 Data Patterns surged 32% to ₹2,576.40 (from ₹1,958.75 on April 21)
• 🚀 Paras Defence climbed 27%
• 🚢 GRSE, Cochin Shipyard, Mazagon Dock up 9.5-12.5%
• 🛠️ DCX Systems, Mishra Dhatu, Solar Industries rose 5-9%

🔹 Geopolitical Context:

• 🧨 Pahalgam terror attack on April 22 left 26 dead, marking the most severe attack since the 2019 Pulwama bombing
• 🇮🇳 Defence stocks rallied amid India-Pakistan tensions, with expectations of continued growth in India’s defence spending

🔹 Recent Developments:

• 🕊️ Pakistan’s Information Minister claimed “credible intelligence” of potential Indian military action
• 🚫 India’s response: Suspended the Indus Waters Treaty and downgraded diplomatic ties with Pakistan

🔹 Market Sentiment:

• Defence sector remains in focus as investors expect sustained growth amid heightened geopolitical tensions