Defence Sector In A Stronger Trajectory

While geopolitical tensions between Russia and Ukraine continue, tensions between China and Taiwan are rising.

While geopolitical tensions between Russia and Ukraine continue, tensions between China and Taiwan are rising. These geopolitical events have heightened the necessity for increased defence spending. This article includes insights into the defence sector as well as recommendations of two excellent companies that have made a mark in this industry 

“It is an unfortunate fact that we can secure peace only by preparing for war,” said John F. Kennedy who served as the 35th president of the United States of America. If you recall, the Nifty 50 opened with a gap down of 815.3 points on February 24, 2022. On this day, the Russians invaded Ukraine’s land. Although the markets have been sliding since October 2021 due to peak valuations, the Russia-Ukraine conflict has added fuel to this downward trend. The ongoing war has caused supply chain disruptions all around the world and has been one of the driving forces behind soaring inflation.