Defence stocks rise ahead of Union Budget 2026
pre-market1 source ↓written by the desknot a recommendation
Defence stocks are experiencing a surge as investors anticipate increased capital expenditure in the upcoming Union Budget 2026. BEL shares rose 4.5% to ₹435, while BEML jumped 8% to ₹1,787. Analysts expect a significant increase in defence outlay, boosting optimism for domestic firms involved in military procurement.
Not investment advice. For informational purposes only.