Defence stocks rose up to 4% as the Defence Acquisition Council approved five capital acquisition proposals worth over Rs 21,772 crore. The procurement includes equipment for the Indian Navy, Coast Guard, and Air Force. This move is aimed at strengthening India’s maritime operations, coastal security, and aircraft protection.
Dharmesh Shah sees strong support at 25,500–25,700; expects Nifty to rebound towards 26,100 soon
Indian markets saw pressure with Nifty dipping below key support. Analysts believe this is a healthy correction within a bull trend. Nifty is expected to