New Delhi, May 9 -- Most defence stocks, including Bharat Dynamics (BDL), Bharat Electronics (BEL), Paras Defence and Space Technologies, Zen Technologies and DCX Systems, jumped 4 to 8 per cent in morning trade on the NSE on Friday, May 9, amid escalating tensions between India and Pakistan.
Thematic index Nifty India Defence jumped over 3 per cent, with most stocks up with significant gains.
The index was 3 per cent up at 7,086 around 10:15 AM, with shares of Mishra Dhatu Nigam, Data Patterns (India), Hindustan Aeronautics (HAL), Astra Microwave Products, Mazagon Dock Shipbuilders, Cochin Shipyard, BEML and Data Patterns (India), up between 1 to 2 per cent.
Equity benchmark Nifty 50 was 0.86 per cent down at 24,066 at that time.
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