Defence stock below Rs 500 opens in green even as markets decline, here's what's behind the rally

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Shares of defence company Apollo Micro Systems opened in green even as the stock market declined amid high crude oil prices and global uncertainties. The stock opened gap up at Rs 390.70, with a gain of Rs 16.8 or 4.49 per cent from the previous close of Rs 373.90 on the BSE. It continued to gain…