New Delhi: The escalating conflict in the Middle East has triggered a powerful rally in defence stocks across global markets, as investors reposition portfolios toward industries tied to national security and military technology. With the Iran-US-Israel confrontation completing almost two weeks, the surge in hostilities has rapidly translated into higher defence spending expectations. Stockpiles of missiles and interceptors are being depleted, advanced systems are being deployed in real time, and governments are signalling that defence budgets may rise further if the conflict drags on. FOLLOW LIVE UPDATES The result has been a sharp rally in defence companies from the US…
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