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BEML, GRSE to Zen Tech: Defense Stocks Fall Over 6% on Signs of De-Socals in Israel-Airan War After Ceasefire

Defense stocks in focus today: Defense Stocks Including BEML, PARAS Defense, Garden Reach Shipbuilders, Cochin Shipyard and Hal Came Under Selling Pressure in Tuesday’s Trade, June 24, June 24, Affer Having In Having In HIVINED In HIVINED REMANED In HIGH-FLIYING MODE Recent sessions on the Indian Stock Market Amid Rising Tensions in the Middle East. However, as signs of de-design between ran and israel appear to be emerging, investors chose to book rights in these counters.

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Sevenne out of Eighteen Constituents in the Nifty Defense Index Began The Session in the Red, Dropping Up To Over 5% in Early Trade. BEML WAS The Top Laggard, Falling 6.4% to Hit an intraday low of 4,481, while Garden Reach Shipbuilders was the Second-Bigaste Drag, Slipping 5.2% to 3,313 Apiece.

Other Major Defense Stocks, Including Mishra Dhatu Nigam, Astra Microwave, Paras Defense, Bharat Dynamics, Data Patterns, Zen Technologies, Zen Technologies, UNIMECH AEROSPACE, And Cocyard, ALSO Deccined Over 2%. The broader Fall LED the nifty defense index to crack 2.2%, Hitting a day’s low of 8,868, Marking Its Second-Bigaste Intraday Drop in June So far.

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