Mumbai, July 6 (IANS) State-owned defence companies’ shares traded higher on Monday, surging up to 3 per cent after the Defence Acquisition Council (DAC) approved capital acquisition proposals worth around Rs 52,000 crore to strengthen the operational capabilities of the Indian armed forces.The Nifty India Defence index rose 1.70 per cent or 163 points to 9,737.15, hitting an intraday high at around 12 pm.Among the major gainers, Navratna PSU Bharat Electronics Limited (BEL) rose as much as 2.84…
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