Defence Stocks Soar 5th Day: ₹80,000 Cr Deals, Geopolitical Tensions, Budget Boost Fuel Rally

• Defence shares like Paras Defence, MTAR, BEL, and Mazagon Dock rallied for the fifth consecutive day, driven by increased investor interest.
• The Defence Acquisition Council (DAC) meeting is expected to approve deals worth ₹80,000 crore, strengthening air defence and ISR capabilities.
• Rising global geopolitical tensions, including US actions on Venezuela and Nigerian airstrikes, are boosting the appeal of defence sector stocks.
• Anticipated 20% increase in defence spending for Budget 2026-27, citing India's "difficult neighbourhood," is a major positive factor.
• Nifty India Defence Index climbed 1% today, marking a 6.5% rise over five days, despite being 14% below its all-time high.

Why It Matters: Defence stocks surge due to major DAC deals, global tensions, and expected budget increase.