HAL share price tumbles 4% as Tejas suffers fresh damage; what’s driving the selloff in other defense stocks?
Tejas jet crash: Defense stocks came under selling pressure on Monday, February 23, reversing gains seen in the last trading session. The Nifty India Defense index lost 1.09% to hit the day’s low of 8,010 on the National Stock Exchange (NSE) in intraday deals as most index constituents traded in the red. Shares of Hindustan…