Exclusive | Why BofA’s Amish Shah is booking profit in defence stocks after Budget
Bank of America Securities’ India research chief is taking profits in the defence stocks rally, signalling a tactical shift despite the government’s hefty 22% increase in defence capex to Rs 2.19 lakh crore for FY27 announced in the Union Budget. In an exclusive chat with ET Markets, Amish Shah, Head of India Research at BofA…