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flag Indian defence stocks surged after a ₹79,000 crore procurement approval for indigenous military systems.

flag Indian defence stocks rose sharply on October 23, 2025, after the Defence Acquisition Council approved ₹79,000 crore in procurement for the Armed Forces, boosting firms like Bharat Electronics, Bharat Dynamics, and Mazagon Dock Shipbuilders. flag The approvals included critical systems for the Army, Navy, and Air Force, such as the Nag Missile System, Landing Platform Docks, advanced torpedoes, and electronic intelligence platforms, all under the indigenously developed category. flag This brings FY26 approvals to ₹2.5 lakh crore, surpassing last year’s total, with domestic content in defence procurement reaching 92% in FY25. flag The move supports India’s push for self-reliance under Aatmanirbhar Bharat, backed by a rising defence budget and long-term modernization plans.

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