Global defence stocks gain amidst rise in geopolitical tensions

Military spending around the world has hit a record $2,718 billion in 2024, rising 9.4% from last year—the biggest jump since the Cold War, says SIPRI. Countries like the U.S., China, Russia, Germany, and India made up 60% of this spending. This rise is pushing up defence and aerospace company stocks. #business #finance #investment #sharemarket #banknifty #investors #sensex #stockmarkets #investor