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Defence Stocks Surge as PM Modi Unveils ‘Mission Sudarshan Chakra’
Last Updated: 18th August 2025 - 01:41 pm
On Monday’s trading session, defence shares jumped as Prime Minister Narendra Modi announced Mission Sudarshan Chakra, an indigenous air-defence initiative announced during his Independence Day address. The plan aims to neutralise threats and bolster India’s offensive defence capabilities.
Market Response: Defence Index Rises
Investor sentiment turned bullish—defence stocks rallied across the board. The Nifty India Defence index climbed 0.83%, reaching 7,869.75. Data Patterns led with a 2.86% gain to ₹2,589.40, followed by Garden Reach Shipbuilders & Engineers (GRSE) rising 2.53% to ₹2,653.30. Bharat Dynamics (BDL) advanced 2.29% to ₹1,614, while Bharat Electronics (BEL) ticked up 0.42% to ₹386.50. Hindustan Aeronautics (HAL) saw a modest lift of 0.21%, trading at ₹4,564.
Mission Sudarshan Chakra: India’s Indigenous Shield
The initiative, named after Lord Krishna’s legendary weapon, is intended as an “Iron Dome”-style all-weather defence system with swift interception and counter-strike capability for both military and civilian infrastructure. PM Modi emphasised strategic autonomy, urging local institutions and youth to drive innovations like jet engines, reducing reliance on foreign defence platforms.
Modi framed this push within India’s broader stride toward self-reliance—citing examples like vaccine development and digital payments—as well as recent operational successes, such as Operation Sindoor, which demonstrated the capability of India’s indigenous systems to neutralise drone and missile threats.
Conclusion
Mission Sudarshan Chakra has given makers of defence hardware a clear boost, reflected in sharp market advances. The initiative’s combined arrowhead of cultural inspiration, technological ambition, and national security aligns with India’s push towards defence independence—exciting prospects for manufacturers and investors alike.
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