{"id":12038,"date":"2025-07-18T15:14:05","date_gmt":"2025-07-18T09:44:05","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=12038"},"modified":"2025-07-18T15:42:16","modified_gmt":"2025-07-18T10:12:16","slug":"defence-stocks-slide-for-third-straight-session","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/defence-stocks-slide-for-third-straight-session\/","title":{"rendered":"Defence Stocks Slide for Third Straight Session; BDL, HAL, Data Patterns Drop Up to 4%"},"content":{"rendered":"

High valuations and cooling geopolitical tensions trigger profit booking in defence stocks; Nifty India Defence index falls 1.8%<\/em><\/p>\n

Defence sector stocks extended their losing streak on July 18, with investors continuing to lock in gains after a sharp run-up earlier this year. The Nifty India Defence index dropped by 1.8%, hitting an intraday low of 8,211, marking the third consecutive session of losses. The index has now declined in six out of the last seven trading sessions, as fading global geopolitical risk premium and stretched valuations weighed on sentiment.<\/p>\n

The recent surge in defence stocks had been fueled by expectations of large order inflows following India\u2019s \u2018Operation Sindoor\u2019 in May, a cross-border military action that spurred short-term bullish bets across the defence pack. Ongoing conflicts like the Russia\u2013Ukraine war and Israel\u2013Iran tensions had added further momentum. However, as tensions de-escalate globally, traders are now trimming exposure to overbought defence names.<\/p>\n

Also Read : Vedanta Aluminium CEO Urges Retaliatory Tariff if US Fails to Remove 50% Duty<\/a><\/p>\n

BDL, Data Patterns, HAL Among Top Losers<\/h2>\n

In the day\u2019s trade, Bharat Dynamics (BDL) and Data Patterns shares were the worst performers, each sliding by nearly 4%. Hindustan Aeronautics (HAL) and Cochin Shipyard followed with losses of over 2%. Selling pressure was also seen in BEML, Astra Microwave Products, and BEL, all of which fell between 1.5% to 2%.<\/p>\n

Mazagon Dock Shipbuilders, Solar Industries, Paras Defence, and Garden Reach Shipbuilders (GRSE) also recorded declines ranging from 1% to 1.8%, reflecting a broader sector-wide unwinding.<\/p>\n

Market participants noted weak delivery volumes and high open interest unwinding in defence futures contracts, indicating short-term traders exiting positions amid a lack of fresh triggers.<\/p>\n

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