Paras Defence tanks 8%, GRSE, BEL, BDL slips; Why did Nifty Defence drop over 1.4% today?
Defence stocks saw sharp selling pressure as investors booked profit after last week’s good run. The Nifty India Defence index fell 1.45 per cent to 8,874.90 with significant contribution from names like Paras Defence and Space Technologies, Garden Reach Shipbuilders & Engineers (GRSE), Bharat Electronics (BEL) and Bharat Dynamics (BDL). Paras Defence share price falls…