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Defence sector ETFs surge amid India-Pakistan ceasefire announcement, Groww, Motilal Oswal ETFs lead with 7% gains
Defence sector ETFs have experienced significant growth, with returns up to 7% in the last two weeks, driven by heightened India-Pakistan tensions and increased investor interest. Groww and Motilal Oswal ETFs delivered solid returns, while the Groww Nifty India Defence ETF FoF outperformed them. Optimism surrounds military procurement following reports of government meetings with defence manufacturers.
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