The Nifty Defence index has shed nearly 3 per cent in November, with stocks such as BEML, MIDHANI and HAL among others falling up to 17% despite 1% gain on the Nifty 50.
R&D spending by India's defense PSUs over the next five years is slated to increase with a projected expenditure of ₹32,766 crore, exceeding ₹30,952 crore invested in the past 10 years.
Bank of Baroda is displaying constructive price action as it consolidates near the upper band of its recent range while holding firmly above key moving averages.
The addition would strengthen the Indian Army's Army Air Defence, which played a crucial role in thwarting Pakistani drone attacks during Operation Sindoor
At 1:10 PM, L&T shares were trading near day's high level, up 1.19 per cent at ₹3,701.95 per share. In comparison, BSE Sensex was trading 0.24 per cent lower at 81,906.96 levels.
Stocks to Watch today: Ceat, BEL, United Breweries, UPL, Indraprastha Gas, NMDC, and NTPC Green are among the stocks to watch today, September 02, 2025
The deal involves upgrading the existing National Command, Control, Communication and Intelligence (NC3I) network to the NMDA network with AI-enabled software integration
Trent and BEL's entry into the BSE Sensex may drive $708 million in passive inflows, while Nestle and IndusInd Bank face outflows following their exclusion, per Nuvama estimates
The two firms also intend to jointly develop manufacturing solutions for BEL's products by leveraging shared knowledge, best practices, and technical resources, Tata Electronics said
The contracts from MDL and GRSE cover critical missile system spares for Indian Navy ships, adding to BEL's strong order pipeline across defence electronics and communications
Technical charts show that the RSI indicator of BEL and Tata Steel quotes in overbought territory, with a reading in excess of 70. Here's the likely trend ahead for these 2 stocks.
Q4 FY25 company results today: New India Assurance, NLC India, PI Industries, Borosil, Everest Industries and Gujarat Gas will be among 98 firms to post earnings reports for the Jan-Mar quarter
Cochin Shipyard, Garden Reach Shipbuilders, Mazagon Dock, Data Patterns, Paras Defence, Zen Tech, Bharat Dynamics, Hindustan Aeronautics rallied by up to 8% in trade on Friday.
BEL, BDL, Mazagon Dock, HAL, Solar Inds, Astra Micro and Data Patterns seem favourably placed on the charts, and may gain up to 38%; here are key support, resistance levels for these 7 defence stocks.
