New Delhi: Defence-related stocks, including those of drone manufacturers, makers of missiles and allied equipment, continued to remain in high demand, with Mishra Dhatu Nigam surging over 15 percent on Wednesday.
Shares of Mishra Dhatu Nigam Ltd zoomed 15.12 percent, Axiscades Technologies jumped 5 percent, defence engineering company Paras Defence surged 4 percent, Hindustan Aeronautics rallied 3.47 percent, Data Patterns climbed 2.93 percent, Bharat Electronics went up by 2.56 percent, Astra Microwave Products (2.26 percent) and Bharat Dynamics (1.16 percent) on the BSE.
Stocks of drone manufacturers Droneacharya Aerial Innovations climbed 2 percent and Ideaforge Technology went up by 0.86 percent.
In the equity market, the 30-share BSE benchmark Sensex climbed 182.34 points or 0.22 percent to settle at 81,330.56. The NSE Nifty rose 88.55 points or 0.36 percent to 24,666.90.
Defence stocks ended higher on Tuesday, Monday and Friday as well.
Shares of defence-related firms are in focus after days of intense conflict between India and Pakistan following Indian strikes on terror sites in the neighbouring country on May 7 under Operation Sindoor.
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