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Defence stocks poised for growth after ₹2.38 lakh cr DAC approvals

pre-market1 source ↓written by the desknot a recommendation

for defence procurement
₹2.38 lakh crore

The Defence Acquisition Council (DAC) approved ₹2.38 lakh crore for defence procurement, boosting stocks like HAL, BEL, and BDL. This decision enhances domestic manufacturing and reduces import reliance, providing these companies with strong order visibility and growth prospects.

Key projects include the S-400 missile system and Su-30 engine overhauls, unlocking significant investments in defence infrastructure.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 4 Apr 2026, 07:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

HAL closed +1.8% on the day of the news, from ₹3,687.00 to ₹3,752.10; Nifty +1.1% over the same session; futures OI −0.2%.

Bulletin at 07:03 IST on 4 Apr 2026. Every change is measured from ₹3,687.00, the last close before it, on 2 Apr. Nifty 50 is measured over the same sessions.

  • HAL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
HAL closes around the bulletin against the close before the news, with Nifty 50 rebased to it332338554388axis spans 32%before the news · 2 Apr3687Nifty 50HALbulletinD0+1+3+525 Mar9 Apr21 AprFutures open interest, lotspeak 62,000Reference close ₹3,687.00. 16 sessions from 25 Mar to 21 Apr; the price axis spans 32 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before2 Apr₹3,687.00basebase
On the day6 Apr₹3,752.10▲ +1.8%▲ +1.1%+0.7 pp difference
+1 session7 Apr₹3,796.20▲ +3.0%▲ +1.8%+1.1 pp difference
+3 sessions9 Apr₹4,032.90▲ +9.4%▲ +4.7%+4.7 pp difference
+5 sessions13 Apr₹4,099.90▲ +11.2%▲ +5.0%+6.2 pp difference
Gap at the open, % · ₹
▲ +0.7%+26.55 on 6 Apr
Day's range, % · ₹
2.8%≈ 100 high to low
Volume on the day
0.67×the 20-session average
Futures OI on the day
▼ −0.2%−130 lots · short covering · price +1.8%
Futures OI open, lots
55,0006 Apr · 28 Apr expiry
Futures premium, ₹
+9.00+0.2% to spot
Puts per call, by OI
0.96from 0.96 the session before
Max pain
3,750from 3,700 the session before

Source NSE UDiFF bhavcopy · HAL on the desk →

Thread · HALAll HAL bulletins →

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