Nifty India Defence index rose 0.51% to 8,086.10, driven by strong defense stocks and optimism.

• DPM 2025 aims to streamline and rationalise defence revenue procurement, supporting modern warfare requirements effectively.
• Liquidity damages reduced: no LD during development, 0.1% post, prototype, max 5% usual, 10% severe delays.
• Tender process simplified: NOC from DPSUs removed, awards based purely on a competitive open bidding basis.