Defence Stocks Rally on ₹52,000-Crore DAC Approval

Defence stocks gained in early trade after the Defence Acquisition Council approved capital acquisition proposals worth around ₹52,000 crore. The decision boosted expectations of fresh order inflows, with Paras Defence, BEL, Mazagon Dock and HAL leading gains as investors cheered the government's continued push for defence modernisation and indigenous manufacturing. $PARAS