Defence Stocks Rally as DAC Approves ₹1.05 Lakh Crore Orders

Defence stocks surged on July 4 after the DAC cleared ₹1.05 lakh crore worth of indigenous capital acquisition proposals. The Nifty India Defence index rose 1.7%, led by gains in

Paras Defence, GRSE, Zen Technologies, and others. The move reinforced India’s push for Aatmanirbharta in defence manufacturing.