Bharat Dynamics, Data Patterns to BEL: Why defense stocks fell after Budget 2026 announcements?
Budget 2026: Defense stocks including Bharat Electronics, Mazagon Dock Shipbuilders, Hindustan Aeronautics, Bharat Dynamics, Apollo Micro, Data Patterns (India), and others 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 ₹7.85 lakh crore to the defense sector in the…

