The escalation has raised expectations of increased export opportunities and strengthened investor sentiment toward the sector. Paras Defence led the gains, climbing 13.5%. Meanwhile, HAL, BEL and Bharat Dynamics advanced by up to 3.5% on the BSE.
Global oil markets are preparing for potential supply disruptions after US airstrikes on Iran over the weekend revived concerns that shipments through the Strait of Hormuz could be affected.
The appeals arose from consumer complaints filed by flat purchasers between 2017 and 2019 before the NCDRC. The respondents had booked residential flats in the developer’s Parsvnath Exotica project between 2007 and 2011 and had paid almost the entire sale consideration.
Aviation and travel stocks experienced sharp sell-offs as fresh Middle East hostilities disrupted regional air traffic. Several countries shut their airspace, impacting major hubs like Dubai and Abu Dhabi. IndiGo suspended flights to the Middle East, offering customers flexibility for bookings made before February 28, 2026, for travel until March 7, 2026.
India and Canada aim to boost bilateral trade to $50 billion by 2030, accelerating negotiations on a Comprehensive Economic Partnership Agreement (CEPA). Leaders discussed critical minerals, uranium, and defense cooperation, with several MoUs exchanged, including those on CEPA Terms of Reference and critical mineral collaboration.
Over 410 domestic flights were cancelled on Saturday and 444 are expected on Sunday due to ongoing airspace restrictions over Iran and the Middle East. The Ministry of Civil Aviation is closely monitoring the situation, coordinating with airlines and airports to minimize passenger inconvenience and ensure safety.
