Defence shares extend winning streak to fourth day The Nifty India Defence index rose 2% on Wednesday due to strong investor interest and high trading volumes. Defence Ministry's new Defence Procurement Manual (DPM) 2025 approval drove the rally. Major gainers included

(+7.5%), Cochin Shipyard (+2.5%), and BEL (+2.16%). The index has gained 7.3% over the last four sessions. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.