India’s Defense Stocks ‘Nosedive’ After Modi’s Poor Election Results; Analysts Explain The Trend
In the run-up to India’s hotly contested elections, defense stocks were soaring high, propelled by expectations of policy continuity under a Modi-led government. But as the results unfolded, revealing a coalition government, these stocks found themselves in a tailspin, nosediving amidst widespread panic on Dalal Street. Sky-High Hopes, Ground Reality A dramatic week unfolded in the...
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