Market radar: April 22, 2026 to May 22, 2026
The index witnessed a mixed trend, with 12 constituents posting gains. The combined market capitalisation of the companies stood at over ₹11.5 trillion for the second straight month
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The technical breakout in the BSE Defence Index led to a broad-based buying (Photo: Shutterstock)
The BS Defence Index remained buoyant despite weak broader market sentiment amid persistent tensions in West Asia. Technically, the index continued to trade above its long-term trend of 200-DMA, pointing to an overall bullish momentum even as benchmark indices remained volatile.
BS Defence Index
The index remained firmly above its 200 DMA, signalling a strong long-term uptrend and a sustained buying interest in defence stocks.
BS Defence Index
Index returns
The index limited its losses even as benchmark indices fell due to lingering tensions in West Asia, reflecting strong investor interest.
Index returns
Relative outperformance
The index outperformed benchmark indices BSE Sensex and Nifty 50, as West Asia tensions heavily weighed on broader market sentiment.
Relative outperformance
BS Defence Index companies
The index witnessed a mixed trend, with 12 constituents posting gains. The combined market capitalisation of the companies stood at over ₹11.5 trillion for the second straight month.
BS Defence Index companies
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First Published: Jun 10 2026 | 7:30 AM IST
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