New Delhi, May 7 -- The defence sector has come into sharp focus following India's retaliatory attacks targeting terrorist infrastructure in Pakistan and Pakistan-occupied Jammu and Kashmir early Wednesday.

As during any crossborder conflict, the escalating tensions between the nuclear-armed neighbours are expected to boost earnings for domestic defence companies. A strong and resilient export outlook further strengthens the sector's prospects, said experts.

Since the terror attack on tourists in Kashmir's Pahalgam area on 22 April, the Nifty Defence index has increased 2.99%, significantly outperforming the Nifty 50, which has gained 1.2% over the same period.

Following India's attacks on Wednesday, codenamed 'Operation Sindoor', the ...