The Economic Times

HAL, BDL, other defence stocks in focus as war in Middle East escalates; what to expect?

Escalating Middle East tensions, following reports of Iran's Supreme Leader's death and subsequent retaliation, are boosting Indian defence stocks like HAL and BEL. While geopolitical uncertainty persists, India's deepening defence ties with Israel offer potential export opportunities. However, the broader market faces pressure, with crude oil prices being a key monitorable.