GENERAL23 Sept 2026
Defence sector to offer sustained growth; HAL, BEL among top picks: Emkay
Emkay Global says India's defence sector can keep growing in the coming years. That matters if you hold defence shares or track this space. The Nifty India Defence index has risen 23 per cent so far in 2026 and 16 per cent in a year, National Stock Exchange data shows. Emkay's top picks include HAL (Hindustan Aeronautics) and BEL (Bharat Electronics).
Key Statutory Highlights
- Emkay Global said the domestic defence sector is well placed to deliver sustained growth in the coming years.
- The Nifty India Defence index has added 23 per cent so far in 2026, according to data available on NSE.
- The Nifty India Defence index has grown 16 per cent in a year, and HAL and BEL are among Emkay's top picks.
Actionable Advice for Taxpayers / Founders:If you are thinking of buying defence stocks on this view, treat it as one brokerage's opinion and not a promise of returns. Check your own goals and risk appetite first, and speak to a registered investment adviser before you invest.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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