BEL, HAL to BDL: Defence stocks surge up to 9%. What's behind the rally?

Defence stocks jumped up to 9% in intraday deals today amid escalating US-Iran tensions. The Nifty India Defence index, a gauge on defence stocks on Dalal Street, was trading almost 2% higher.

BEL, HAL to BDL: Defence stocks surge up to 9%. What's behind the rally?
Defence stocks jumped up to 9% in intraday deals today amid escalating US-Iran tensions. The Nifty India Defence index, a gauge on defence stocks on Dalal Street, was trading almost 2% higher.

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