BEL, Garden Reach to MTAR Tech: Defense stocks zoom up to 45% YTD — Will they continue to show strength in 2026?

Defense stocks are emerging as one of the market’s standout performers this year, with the Nifty India Defense pack rallying 19% amid a powerful confluence of geopolitical uncertainty and policy-driven tailwinds. Among the 18 Nifty India Defense index constituents, 14 are in the green on a year-to-date (YTD) basis, and nine have given double-digit returns,…

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