At 13:30 IST, the barometer index, the S&P BSE Sensex fell 473.81 points or 0.55% to 85,168.09. The Nifty 50 index lost 136.40 points or 0.52% to 26,039.75.
The buying interest on the counter came after Apollo Micro Systems received a license for the manufacturing of equipment under the categories of defence aircraft
Asian shares mostly advanced on Tuesday after US stocks gave back some of last week's rally, pressured by rising global bond yields.
US futures and oil prices were little changed.
Tokyo's Nikkei 225 gained 0.5% to 49,534.36, with financial shares the
Nomura expects healthy net inflows to continue as AMCs roll out new offerings such as specialised investment funds (SIFs) and extend their reach deeper into tier-II and tier-III markets
The stock price of Bank of Baroda hit a new record high in a subdued market. It surpassed its previous high of ₹298.45, which it touched on June 3, 2024
NRB Bearings' share price rose after the company announced a joint venture (JV) agreement with Unitec S.r.L. and Mondial S.p.A., both part of the Italian Mondial Group, to form a JV company in India.
Bharat Dynamics (BDL) rose 1.17% to Rs 1,547.40 after the company announced that it has secured additional defence orders worth Rs 2,461.62 crore from the Indian Army since its last disclosure on 13 November 2025.