Indian defence sector stocks opened deep in the red on Monday as broader market sentiment remained risk-averse amid global uncertainty and escalating tariff tensions. At 9:32 AM, the Sensex tanked 2,331.36 points (-3.09%) to 73,033.33, while the Nifty 50 slipped 747.15 points (-3.26%) to 22,157.30.
Key losers in defence stocks space:
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BEML sank 7.65% to ₹2,728.70
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Garden Reach Shipbuilders (GRSE) dropped 7% to ₹1,521.70
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Bharat Dynamics Ltd (BDL) tumbled 6.94% to ₹1,244.95
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Mazagon Dock Shipbuilders fell 6.83% to ₹2,368.65
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Paras Defence down 6.56% at ₹921.30
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Apollo Micro Systems slipped 5.10% to ₹110.79
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Hindustan Aeronautics Ltd (HAL) declined 4.94% to ₹4,029.70
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Zentec dropped 5% to ₹1,377.20
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Data Patterns fell 4.53% to ₹1,605.00
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Avantel Ltd slipped 4.52% to ₹107.38
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Solar Industries lost 3.55% at ₹10,597.60
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Bharat Electronics (BEL) down 3.37% to ₹270.55
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Astra Microwave edged lower 2.78%
The sharp selloff across defence counters reflects investor unease triggered by global market routs, U.S.–China tariff escalations, and persistent geopolitical jitters. Despite robust long-term fundamentals for Indian defence manufacturers, the near-term trend remains cautious amid broad-based market weakness.
Disclaimer: The above views are based on official market data and public disclosures. Please make any and every investment decision after consulting your financial advisor.
