News for Bharat Dynamics Limited (BDL.NS)

An analyst from Axis Securities said that Tata Motors has established a near-term bottom, followed by a rally that encountered resistance, a classic example of previous support turning into resistance.

Bharat Dynamics shares surged over 3% after securing a ₹4,362 crore defence contract. The stock has risen 30% in a month, trading above key SMAs, though in an overbought zone. Other defence stocks also gained, while financials and IT lagged.

Shares of MTAR Technologies, Zen Technologies jumped over 9% and HAL soared nearly 5%, leading the gainers of defence sector on Monday.

Bharat Dynamics Limited shares climbed 2.56% to ₹1,278.90 in Friday’s trading after the Defence Acquisition Council cleared capital acquisition proposals valued at over ₹54,000 crore.

Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:

So, if we go by the history in 2008 and 2020 which were the black swan events, at that time also this number was almost 6%, 8% and now is 10%. So, we are almost there.

India and the US have signed a pact to jointly produce advanced autonomous naval systems, including a 'glider' that can stay at sea for a year and a drone capable of both surface and underwater operations. This initiative aims to enhance surveillance and security in the Indo-Pacific region.

Adani Group finalist to take over private production of India's Small Satellite Launch Vehicle, sources say.

European defence giant Thales aims to leverage its Indian presence to establish an export hub and is eager to co-develop new generation missiles with Bharat Dynamics Limited. They plan to expand their current missile supply to include other types and create a significant export facility for Maintenance Repair and Overhaul (MRO) services from India.

The UK and India have strengthened their defence collaboration with the launch of Defence Partnership-India at Aero India. Agreements were signed for advanced weapons systems, including LBRM and ASRAAM. This partnership supports India's Atmanirbhar Bharat vision and aligns with the UK's growth agenda.

India and UK sign deals for next-gen weapons, LPD development, and defense partnership at Aero India 2025.

PSU stocks such as Chennai Petroleum Corporation Ltd (CPCL), Mangalore Refinery and Petrochemicals Ltd (MRPL), Cochin Shipyard Ltd, MMTC Ltd, ITI Ltd and Oil India Ltd have led the losers, falling 47-59 per cent.

The Indian market closed lower on Friday, ending a three-day winning streak, primarily due to losses in Infosys and Axis Bank following their quarterly results. Weak sentiment in IT and banking stocks, coupled with concerns about earnings growth and liquidity, led to the decline. The BSE Sensex fell by 0.55% and Nifty 50 declined by 0.47%, as investors adopted a cautious stance.

MoD signs Rs ₹2,960 crore contract with BDL for MRSAM supply to Indian Navy, boosting defence capabilities.

India and France have developed the Trajan 155 mm towed artillery gun system. Armenia has chosen this system for its forces. Several subsystems of the gun were developed in India. Deliveries will happen in the coming months. Armenia is also getting Pinaka multi-barrel rocket launchers and Akash air defense systems from India.

US-based Ultra Maritime and BDL to co-produce sonobuoys for Indian Navy, enhancing undersea domain awareness by 2027.

As the world welcomes 2025 amid geopolitical concerns, brokerages and market participants continue to remain positive on defence sector stocks as they see more legs in the rally.

Indian markets declined on Monday, with selling pressure in banks and auto stocks. Subdued trading volumes and FII outflows weighed on sentiment. A strengthening dollar and high valuations also impacted the market. IT and pharma sectors outperformed.

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