India, June 8 -- The recent escalation in the Iran conflict has significantly reshaped global markets, with defence-related stocks witnessing a sharp rally. Investors have increasingly turned toward defence companies as heightened geopolitical tensions raise expectations of sustained military spending, weapons demand, and government contracts linked to regional instability.

The current war with Iran began on February 28, 2026, when the United States and Israel launched coordinated airstrikes on Iranian military and government sites. The attacks targeted senior Iranian officials, resulting in the assassination of Supreme Leader Ayatollah Ali Khamenei and triggering retaliatory strikes by Iran across the Middle East.

In this environment i...