Defence equipment makers rally

Reuters Market Eye - Defence equipment makers rally. Local media reported defence projects worth 800 billion rupees ($13.07 billion) were cleared on Saturday by the government.

Bharat Electronics jumps 6.5 percent and BEML adds 5 percent.

Bharat Heavy Electricals is up 1.5 percent, Larsen and Toubro gains 0.9 percent

Astra Micro Wave Products Ltd gains 3 percent.

(1 U.S. dollar = 61.2300 rupees)

(Reporting by Abhishek Vishnoi)