02 Nov 2025 | 5 Mins Read

Defence sector breakout predicted for November

Flipitmoney

Nifty India Defence sector is expected to perform well in November, with an average monthly gain of 6.73% and a 100% positive strike rate in previous years. The sector's charts show bullish signals, including a reversal from 7,400 to 8,400 and a bullish crossover on MACD. Stocks like Bharat Electronics Ltd, Dynamatic Technologies, and Bharat Forge Ltd may benefit from the trend.