<ul data-eligibleForWebStory="false"><li>Nifty Defence stocks dropped by 1.46% with significant declines in Paras Defence, Garden Reach Shipbuilders, and Bharat Electronics.</li><li>Paras Defence witnessed the steepest decline of 7.84% in share price, followed by Garden Reach Shipbuilders and Bharat Electronics.</li><li>Other notable declines in the Nifty Defence index included Astra Microwave, Bharat Dynamics, and Mazagon Dock, while DCX Systems saw an increase in share price.</li><li>Market indices gave up opening gains with Nifty 50 and Sensex trading lower, despite initial gains in the market.</li></ul>

Nifty Defence Drops Over 1.4%, Paras Defence, Garden Reach Lead Declines

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