BEL, BDL, other defence stocks rally up to 3% ahead of year-end DAC meeting today

Defence stocks like BEL, BDL, and HAL rallied up to 3% on Friday ahead of a crucial Defence Acquisition Council (DAC) meeting. The meeting, chaired by Defence Minister Rajnath Singh, is expected to approve emergency procurement proposals, potentially fast-tracking new orders for India's defence sector and boosting domestic production.