Nifty India Defence index gains nearly 1%; DCX Systems, Solar Industries, HAL, BEL lead rally
Defense stocks rally: Indian defence stocks rallied significantly on August 22, fueled by mounting geopolitical tensions after Russia launched one of its largest air assaults on Ukraine—deploying 574 drones and 40 missiles—despite US overtures for a ceasefire. As a result, the Nifty India Defence index rallied nearly 1 per cent, reaching around 7,760.25. According to Ukrainian…
