Cochin Shipyard, Bharat Dynamics, and other defence stocks rally up to 11% after Operation Sindoor success and PM Modi's endorsement

Defence stocks surged up to 11% after Operation Sindoor showcased Indias indigenous military strength and PM Modi called for greater defence self-reliance. The rally gained momentum as Modi countered Pakistans false claims about destroying Indias S-400 system. With battle-tested Indian platforms and rising global interest, investor confidence in the ‘Make in India defence story has been significantly boosted.