Defence, Capital Market Stocks Lead Midday Action; BSE, HAL and Sterlite Technologies Gain

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Last Updated: 4th September 2026 - 05:09 pm

Indian equities were trading higher by midday on September 4, with the Nifty 50 around 23,950 and the Sensex near 76,690. Defence, capital-market and select company-specific developments kept several stocks active. 

Defence counters saw broad buying. HAL gained 3.1%, MTAR Technologies 3.4%, Mazagon Dock Shipbuilders 2.9%, Astra Microwave 2.7%, Apollo Micro Systems 2.5% and Bharat Dynamics 2.4%. Garden Reach Shipbuilders and Cochin Shipyard were up 2.1% each, while the Nifty India Defence index rose 1.6%. The movement followed GE Aerospace’s delivery of three additional F404-IN20 engines for HAL’s Tejas Mk1A programme, taking total deliveries to 10. 

Capital-market stocks also moved sharply. Angel One rose 7.8%, BSE gained 5%, Groww advanced 1.5% and Nuvama Wealth Management added 1.28% as SEBI plans to review the settlement-price methodology for derivatives following the introduction of the Closing Auction Session. 

Sterlite Technologies hit its 5% upper circuit after its board approved a ₹3,000-crore capacity-expansion plan. 

Elsewhere, Tata Motors increased by 0.94%, while Ceigall India increased by 3%. Tata Chemicals fell 2.54% during midday. 

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