New Delhi, April 15 -- Defence stocks jumped up to 10% on Wednesday, led by strong buying across the Indian stock market today. The Nifty India Defence sector rallied as much as 2.5%, with all its constituents trading in the green.
MTAR Technologies emerged as the top gainer on the Nifty India Defence index, with over 10% rally. Paras Defence and Space Technologies, Data Patterns (India), AXISCADES Technologies and Mishra Dhatu Nigam rallied 3-5%.
Hindustan Aeronautics, Bharat Electronics (BEL), Bharat Dynamics (BDL), Mazagon Dock Shipbuilders, Cochin Shipyard, Garden Reach Shipbuilders & Engineers and Dynamatic Technologies were among other gainers.
The rally in defence stocks was also supported by a strong momentum in the Indian stoc...
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