India, June 18 -- In recent months, defense stocks have surged in popularity as global geopolitical tensions continue to mount. From escalating conflicts in Eastern Europe and the Middle East to rising concerns about China's assertiveness in the Indo-Pacific, investors are increasingly viewing the defense sector as a potential haven. But as defense stocks outperform broader indices, questions emerge: is this rally built on long-term fundamentals or short-term speculation?

Geopolitical Pressures Fuel Market Momentum The world is navigating a period of heightened geopolitical uncertainty. The ongoing war in Ukraine, renewed instability in the Middle East, tensions across the Taiwan Strait, and NATO's growing focus on deterrence have all l...