13 Oct 2025 | 3 Mins Read
Defence stocks plunge ahead of Gaza peace deal signing concerns
Flipitmoney
Indian defence stocks fell up to 3% on October 13 due to easing Middle East tensions. The Nifty India Defence index fell 1.1% with Midhani and Data Patterns leading losses by 2.8% and 2.3%, respectively. The fall tracks a decline in the Stoxx Europe Aerospace and Defense index, which fell 0.5% on October 13 and 1.9% on October 10.