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flag India's defense stocks soar as government approves new fighter jet program, boosting 'Make in India' initiative.

flag The Nifty India Defence Index hit a record high, driven by government approval of the AMCA fighter jet program and increased domestic and global defense spending. flag This has boosted investor sentiment and stock performance, with Bharat Electronics being a top pick. flag The surge follows Operation Sindoor and support for India's 'Make in India' initiative, enhancing indigenous defense capabilities and fostering a robust aerospace industry.

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