BEL, HAL, Astra Microwave and others: Why defence stocks are on fire - Rally reason explained | Top shares to buy

Tuesday, September 8, 2026 - 11:10
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BEL, HAL, Astra Microwave and others: Why defence stocks are on fire - Rally reason explained | Top shares to buy
Defence stocks surged on September 8 after DAC approved ₹1.1 lakh crore in acquisition proposals. The Nifty India Defence Index rose 1.3%, outperforming the benchmark Nifty. Major gainers included Astra Microwave Products and BEML, reflecting strong domestic procurement intent.

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