New Delhi, June 4 -- The defence index extended its winning run to a third day on Thursday, June 4, defying broader market weakness, as robust earnings for the March quarter and a strong upcycle, supported by sustained policy continuity, are driving interest in the sector.

After rising over 1% during the last two trading sessions, the Nifty India Defence index added another 1.1% to touch the day's high of 9,131, taking its three-day rise to 2.2%. In the 19-pack index, 17 defence stocks rose, and only two declined, signalling broader optimism in the sector.

Zen Technologies shares led the gainers, rising 7%. It is the third straight day of gains for the stock following the company's disclosure that the promoters did not encumber any shar...