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

AI Summary
  • ·Defence stocks surged on September 8 following DAC's approval of ₹1.1 lakh crore in acquisition proposals.
  • ·The Nifty India Defence Index increased by 1.3%, outperforming the benchmark Nifty.
  • ·Astra Microwave Products and BEML were among the major gainers, indicating strong domestic procurement.
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