01 Feb 2026 | 3 Mins Read
Shares of defence companies rally on Budget hopes in 2026
Flipitmoney
Defence shares rose ahead of the Union Budget 2026, driven by expectations of increased defence spending. Key gainers included ideaForge Technology (5%), Bharat Electronics (2.4%), Bharat Dynamics (2.4%), and Garden Reach Shipbuilders & Engineers (2.3%), with the Nifty India Defence index rising 1.9%.