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flag Indian defence stocks rose on speculation of a major India-Israel tech-sharing deal during PM Modi’s visit to Tel Aviv.

flag Indian defence stocks surged on February 26, 2026, with the Nifty Defence index rising 1.07% as investors reacted to speculation over a major defence agreement between India and Israel during Prime Minister Narendra Modi’s first visit to Tel Aviv since 2017. flag Companies including Astra Microwave, Data Patterns, and Bharat Dynamics gained between 1.5% and 4.25%, driven by expectations of a technology transfer deal covering advanced missile defence systems like Iron Dome and Iron Beam, along with joint development in UAVs and surveillance. flag The potential partnership, focused on strategic collaboration rather than direct arms purchases, supports India’s indigenisation goals and defence modernisation efforts.

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