Defence stocks today, June 12 -- Defence stocks staged a strong recovery on Friday, June 12, outperforming the broader market as investors returned to the sector amid improving global sentiment, US-Iran peace deal buzz and continued confidence in the long-term growth prospects of India's defence industry.

The Nifty India Defence Index jumped 2.3% during the session, snapping a two-day losing streak. The sectoral index had fallen 3.5% over the previous two trading sessions. In comparison, the benchmark Nifty 50 index advanced more than 1% during the day, reflecting broader optimism on Dalal Street.

Among the top gainers on Friday was Paras Defence, which rose 4.4%. Garden Reach Shipbuilders & Engineers (GRSE), Data Patterns, Apollo Micro...