Diabytes
Defence stocks News
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Some defence stocks closed the intra-day trading session lower. Major players like Hindustan Aeronautics Limited (HAL) and Paras Defence slipped slightly into the red.
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On Friday, the markets ended mixed. While large-cap stocks saw some profit booking, buying continued in the mid and small-cap segments.
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Other companies, such as Mazagon Dock Shipbuilders and Solar Industries, have also played a significant role in the overall market cap gain, contributing Rs 9,971 crore and Rs 6,859 crore, respectively.
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Paras Defence led the charge, closing the intra-day trading session at Rs 1,142 on the National Stock Exchange (NSE) -- marking a significant 9.27 per cent surge.
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Shares of companies involved in defence sector rallied as much as 8.6 per cent today after projects worth a whopping Rs 80,000 crore were cleared by the government.
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