Nifty India Defence Index: Price, Performance, and Key Updates Today
The Nifty India Defence Index is a specialized thematic index that captures the performance of Indian companies involved in the Defence and Aerospace sector. Driven by the "Make in India" initiative and a strong government focus on indigenization, this index has been one of the highest-performing segments in the market over the long term, though it is subject to high volatility and short-term profit-taking.
Today's Nifty India Defence Share Price
The Nifty India Defence Index closed at Rs 8,007.60 on Wednesday, 26 November 2025.
The Nifty India Defence share price gained approximately 1.04% today, rebounding sharply after two days of decline. The index's market capitalization stands at over ?11 lakh crore. The rally was broad-based, with 12 of the 18 constituent stocks advancing, signaling a return of positive sentiment, potentially triggered by fresh order announcements and general market strength.
For the most current, regularly updated Nifty India Defence Index live price, please note that the market has closed for the day. You can track its future performance using the provided data points.
Nifty India Defence Index Historical Returns
The Nifty India Defence Index historical returns clearly illustrate its high-growth, high-volatility nature.
| Period |
Return (Absolute) |
Comparative Performance (vs. Nifty 50) |
| 1 Day |
+1.04% |
Slightly underperformed Nifty 50 (+1.12%) |
| 1 Week |
-2.94% |
Significantly underperformed Nifty 50 (+0.47%) |
| 1 Month |
-2.13% |
Underperformed Nifty 50 (+1.47%) |
| 1 Year |
+25.41% |
Massively outperformed Nifty 50 (+8.19%) |
| 3 Years |
+252.94% |
Massively outperformed Nifty 50 (+41.39%) |
| 5 Years |
+937.47% |
Massively outperformed Nifty 50 (+101.55%) |
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The massive long-term returns (over 937% in 5 years) underscore the strength of the thematic shift in India's defence manufacturing policy. The recent short-term negative returns (1-week and 1-month) are attributed to profit-taking and technical factors, confirming the index's cyclical volatility.
Key Nifty India Defence News and Updates
- Order Win Boosts Key Stock: Zen Technologies, a prominent constituent of the index, saw its stock price rise today after announcing a new ?108 crore defence order from the Ministry of Defence. Order flows are the primary driver of the sector's valuation.
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Indigenisation Drive: Apollo Micro Systems announced a tri-party collaboration with IIT-Chennai and the Indian Navy to fast-track homegrown defence technology. Such collaborations reinforce the long-term structural tailwinds for indigenization, which is the core theme of the Nifty India Defence Index ETF and funds tracking it.
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Technical Correction Continues: Despite today's rebound, several stocks in the defence space, including BEML and Mishra Dhatu Nigam (MIDHANI), have been seeing profit-taking, having declined sharply over the last month. Analysts suggest that while the long-term outlook remains positive, investors must be prepared for steep corrections after a multi-year rally.
Top Holdings in Nifty India Defence Index
Investors in the Nifty India Defence Index ETF are primarily exposed to the top 5 heavyweights which collectively account for over 65% of the index weight (as of the last available rebalancing):
| Company Name |
Sector Focus |
| Bharat Electronics Ltd. (BEL) |
Electronics, Radars, and Communication Systems |
| Hindustan Aeronautics Ltd. (HAL) |
Aircraft and Helicopters Manufacturing |
| Bharat Forge Ltd. |
Aerospace & Defence Forgings and Components |
| Solar Industries India Ltd. |
Explosives and Ammunition |
| Mazagon Dock Shipbuilders Ltd. |
Ship and Submarine Building |
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