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Stock Market LIVE: Drone Stocks Soar Up to 17% as India-Pakistan Tensions Escalate

  • By admin
  • May 9, 2025
  • 14 Views

📉 Share Market LIVE | Indo-Pak Tensions Rattle Dalal Street

  • Market Mood:
    Investor sentiment took a hit on Friday as border tensions between India and Pakistan escalated.
    Sensex and Nifty both opened lower and continued to slide amid rising geopolitical concerns.
    Experts are advising against panic selling, urging investors to stay calm and avoid knee-jerk reactions.

🚀 Drone & Defence Stocks Rally Amid Conflict

  • Drone Stocks Surge:
    India’s increasing use of unmanned aerial vehicles (UAVs) in cross-border operations has fueled a rally in drone and defence shares.
  • Top Gainers:
    • 🛩️ ideaforge Technology soared 17% to ₹450 after reports of suicide drone deployments in Lahore and Multan.
    • 🛸 Droneacharya Aerial Innovations rose 5%
    • 🎯 ZEN Technologies gained 5%
    • 🔰 Paras Defence also jumped nearly 5% in intraday trade
  • Investor Outlook:
    The sharp rise is driven by expectations of increased military procurement and government investment in domestic defence capabilities

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