Defence stocks HAL, Bharat Dynamics, others recover from 10% fall post budget jitters
D-Street betting big on the defence sector was unimpressed by Tuesday’s Budget outlay to the sector at Rs 4.54 lakh crore for FY2024-25 — a significant climbdown from Rs 6.21 lakh crore allocated by the government in the February interim Budget. As a result, stocks plunged by up to 10% on the intraday basis, but …