BEML, GRSE to Zen Tech: Defence stocks fall over 6% on signs of de-escalation in Israel-Iran war after ceasefire

Seventeen out of eighteen constituents in the Nifty Defence index began the session in the red, dropping up to over 6% 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-biggest drag, slipping 5.2%. 

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