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The shares of L&T fall over 5%.

On Monday, March 2, shares of Paras Defence and Space Technologies increased by up to 13% due to increased geopolitical tensions in West Asia, which have developed into a wider regional conflict.

For February 2026, major automakers reported a year-over-year rise in sales, with a number of businesses reporting double-digit gains, indicating consistent demand across portfolios and categories.

According to sources who spoke to CNBC-TV18, the number of stranded export containers at Jawaharlal Nehru Port Trust (JNPT) has grown since Monday as shipments that were already on route have now arrived at the port due to impediments related to the intensifying US-Israel-Iran crisis.

The Nifty India Defence Index has increased 5% in the first two months of the year, with firms such as MTAR Technologies rising 57%. As of right now, Bharat Forge’s stock has increased by 30%, while Data Patterns’ and BEL’s have increased by 30% and 11%, respectively.

Steel Strips’ February Sales Up 17% YoY, Sales Volume Rises 5% YoY

The Defence stocks have extended their gains further, with Paras Defence up nearly 12%.

Estimate FY27 GDP Growth At 7.1%, With Cyclical Improvement Expected

India’s Monetary Policy Is Relatively In A Good Position

Feb manufacturing PMI at 56.9 vs 55.4 in Jan

Tejas Networks is up for the 4th straight session and has risen nearly 50% in the last 4 sessions

Market slightly off highs after Iran’s National Security Chief says he ‘will not negotiate’ after signals of talks. Nifty back below 25,900

Following the development of geopolitical tensions in West Asia, which have resulted in a full-fledged conflict throughout the region, India’s defence businesses, Paras Defence and ideaForge Technology, are trading with profits of up to 13% each. Additionally, Bharat Dynamics and Data Patterns’ shares are up 3% to 4%.

Samir Arora, the founder of Helios Capital, stated that the current crisis with Iran is unlikely to escalate into a protracted war because of the US and Israel’s quick counterattacks and limited military capabilities.

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According to the company’s service dashboard and a Reuters report on Monday (March 2), Amazon Web Services (AWS) has reported a disturbance at one of its data center sites in the United Arab Emirates after unknown objects damaged the site, causing sparks and a fire.

The shares of Bajaj Housing Finance stumbled to a record low on Monday.

Fino Payments Bank declines over 5% after the MD & CEO was arrested under GST investigation; CFO takes interim charge

New bookings will come only when freight rates come down; we only know that most of the bookings have been withdrawn.’ Says MP Taparia, of Supreme Ind to CNBC-TV 18

Ali Larijani, Iran’s National Security Chief Says

‘We will not negotiate with the United States’ after the White House says, willing to negotiate with Iran

ONGC & Oil India fall nearly 5% each from opening highs in trade

On Monday, March 2, Shree Ram Twistex’s shares made a shaky debut on the stock exchanges, trading at a steep discount to their issue price.

The Pakistani index based in Karachi has fallen by over 10%, triggering a halt in trade.

Precious metal sensitivities rise with rising demand

The Paras Defence has extended its gains to over 10%.

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