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Rohan Saha

Founder - Burn Inves... • 24d

If we see a decline in defence stocks starting next week, I won't be surprised at all. No doubt, there is scope in the defence sector, but the current high valuations are not justifiable from any angle. Overall, a healthy correction of 10% is possible at this stage, and if the decline continues even after that, then a further 14% correction is possible. I'm saying this based on the Nifty Defence Index.

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