Defence outperforms sectoral indices; surges 34.82% in six months, far ahead of Nifty – is the rally sustainable?

India’s defence sector has surged, outperforming all others with a 34.82% return in six months, driven by government support and strong order visibility. PSUs like HAL and BEL lead the rally, fueled by ‘Make in India’ initiatives and geopolitical tensions. While defence funds see gains, experts caution against chasing momentum due to potential valuation consolidation.

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US-Iran deal on cards? Donald Trump meets Saudi defence minister; Tehran sets terms for dialog

President Trump met with Saudi Arabia’s defense minister to discuss de-escalation with Iran and broader Middle East peace efforts, including ending the Gaza conflict and hostage release negotiations. The administration aims to expand the Abraham Accords, with potential new countries joining soon. These discussions occur amid heightened tensions following recent military operations and ongoing efforts…

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Dwyane Wade recreates 25-year-old campus photo, giving a kickstart to his summertime vacation plans

NBA legend Dwyane Wade recently revisited his alma mater, Marquette University, recreating an iconic photo from 25 years ago. He shared glimpses of this nostalgic trip and his summer vacation plans on Instagram, including his new summer home. Wade is also actively involved in the Tragil Wade-Johnson Summer Reading Program, promoting literacy and science skills…

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Vanessa Bryant has a mother-daughter night out on a special night for Los Angeles Dodgers pitcher Clayton Kershaw

Vanessa Bryant, continuing the family’s Dodgers fandom, attended a game with her daughters Natalia, Bianka, and Capri. The family cheered on their favorite team as Clayton Kershaw achieved his 3,000th strikeout, a significant milestone. Vanessa shared photos and videos of the special night on Instagram, highlighting the family’s love for baseball and celebrating Kershaw’s achievement.

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