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Defence stocks under pressure: Data Patterns, MDL down up to 8%; here's why

Nifty India Defence index declined 2% in Friday's intra-day trade, corrected 17% from its all-time high level of 9,195.15 touched on June 6, 2025.

3 min
Updated On : Aug 28 2025 | 2:18 PM IST

Transcript

Nifty India Defence Index today:Shares of defence companies, public as well as private, are under pressure, with Nifty India Defence index falling 2 per cent on the National Stock Exchange (NSE) in Friday’s intraday trade. At 11:41 AM, Defence index was the top loser among indices, as compared to 0.70 per cent decline in the Nifty50. Nifty Defence index has corrected 17 per cent from its all-time high level of 9,195.15 touched on June 6, 2025.Data Patterns (India), Mazagon Dock Shipbuilders, Paras Defence and Space Technologies, Bharat Dynamic (BDL), Garden Reach Shipbuilders & Engineers (GRSE), Hindustan Aeronautics (HAL), ZEN Technologies,

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