Zen Tech and other defence stocks rally up to 8% after ceasefire fuels hopes of higher military spending

Indian defence stocks surged, fueled by a ceasefire along the India-Pakistan border and expectations of increased military spending. The government's push for defence sector reforms and ambitious export targets further boosted investor confidence. Analysts highlight the potential for Indian companies to capitalize on heightened geopolitical activity and growing export opportunities, particularly with AI and robotics integration.