Defense Stocks Rally: Market blazed by the fire of Iran war, shares of HAL, BEL and Mazagon Dock jumped by 13%

News India Live, Digital Desk: After the US and Israel targeted the top leadership of Iran on Saturday (28 February 2026), the possibility of increase in demand for defense equipment globally has breathed life into the Indian defense sector.1. These shares made a big jump (Top Gainers) Shares of defense companies have performed brilliantly in today’s early trading: Hindustan Aeronautics Ltd (HAL): A huge rise of 10% to 13% was seen in the shares of HAL. Investors are hopeful that the demand for India’s indigenous fighter planes (Tejas) and helicopters will increase amid global instability. Bharat Electronics Ltd (BEL): Shares of this giant in the defense electronics sector jumped by 8%. Bharat Dynamics Ltd (BDL): Shares of this missile and torpedo manufacturing company also saw a circuit-like jump of 9%. Mazagon Dock & Cochin Shipyard: Shares of shipyard companies also An increase of 5% to 7% has been recorded.2. 3 big reasons for the surge (Why the Surge?) Expectation of global order: In the environment of war, the possibility of India getting new defense export orders from friendly nations and the global market has increased. Budget and self-reliance: The Indian government’s goal of being 100% ‘self-reliant’ in the defense sector and the allocation in the recent budget had already strengthened the sentiment. Geopolitical Barometer: Experts believe that defense Stocks are often seen as a ‘safe haven’ during times of war, when countries’ military spending suddenly increases.3. What should investors do? (Expert Advice) Market experts and analysts have advised investors to be cautious: Earnings over Headlines: Experts say that do not invest just by looking at the war headlines. Focus on companies that already have a strong order book. Profit Booking: Investors who had bought at lower levels can take advantage of this rally to partially book profits. Long-term View: Defense sector is great for long term, but at current prices it may be safer to invest in ‘SIP’ mode instead of ‘lumpsum’ investment, as news of war can bring huge fluctuations in the market. Upcoming Challenges If the war drags on, rising crude oil prices and supply chain disruptions could put pressure on the entire economy. In such a situation, this rise in defense stocks may also be ‘volatile’.