Budget 2026, Feb. 1 -- Defence stocks including Bharat Electronics Limited, Mazagon Dock Shipbuilders Limited, Hindustan Aeronautics Limited, Bharat Dynamics Limited, Astra Microwave Products, and Data Patterns (India) declined on February 1 after Finance Minister Nirmala Sitharaman did not make any defence-specific policy announcement in her Budget 2026 speech.

However, the government allocated Rs.7.85 lakh crore to the defence sector in the Union Budget 2026, marking a 15% increase over the Rs.6.81 lakh crore provided in FY26. The higher allocation signalled continued emphasis on military preparedness, modernisation, and welfare of defence personnel.

As per Budget documents, the total outlay for the Ministry of Defence for FY27 includ...