Defence stocks surge on ₹1.1 lakh cr govt nod
Defence stocks surge on ₹1.1 lakh cr govt nod following Cabinet Committee on Security's approval for defence capital expenditure. The ₹1.1 lakh crore allocation boosts indigenous defence manufacturing and triggers sharp buying in defence PSU stocks. BEL, HAL, and BEML surge over 5% on heavy volumes. This marks one of the largest defence outlays, signaling strong government backing.
📊 STOCKS: BEL | HAL | BEML | 🏢 SECTOR: Defence | #HIGHIMPACT #Defence
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