NATO defence budget hike: HAL, BEL, BDL, Paras Defence, Ideaforge, others to benefit. How many of these you own?
Defence stocks rallied on Thursday buoyed by expectations of increased export orders after NATO leaders pledged to scale up defence spending. Data Patterns (India), Astra Microwave Products, Hindustan Aeronautics (HAL), Bharat Electronics (BEL), Zen Technologies, among other defence stocks rallied up to 4%. The upbeat sentiment in defence stocks lifted the Nifty India Defence index…