Russia-Ukraine crisis is expected to global spending on defence, believe stock market experts
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Russia-Ukraine war: After Russian military's invasion in Ukraine, global defence expenditure is expected to shoot up exponentially. According to stock market experts, due to this Ukraine-Russia war, some tension is expected in Chinese sea, especially around Taiwan. So, market experts are expecting defence stocks to perform well at global bourses. In Indian secondary market too, analysts are highly bullish on defence sector stocks. They said that positional investors of Indian stock market can buy defence stocks like Bharat Dynamics, Bharat Forge, Bharat Electronics, Hindustan Aeronautical Limited and L&T.