HAL, BDL, BEL, other defence stocks surge up to 13% as war in Middle East escalates; what to expect?

Defence stocks in India saw a significant surge on Monday. This rise was driven by the escalating conflict in the Middle East. Investors anticipate increased export orders for Indian defence companies. Companies like Paras Defence, HAL, BEL, and Bharat Dynamics experienced gains. The geopolitical tensions are expected to influence the defence sector's performance.