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DefenceMedium impactPre-market

Defence stocks under pressure as promoters sell ₹250 crore shares

pre-market1 source ↓written by the desknot a recommendation

through bulk
₹250 crore
shares traded
₹1,205.60
from the previous
0.15%

Promoters of Krishna Defence & Allied Industries and AXISCADES Technologies sold shares worth over ₹250 crore through bulk and block deals, raising concerns among investors. Krishna Defence shares traded at ₹1,205.60, down 0.15% from the previous close. Such significant selling activity may indicate shifts in institutional participation and ownership patterns.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 2 Jul 2026, 07:00 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

KRISHNADEF closed +1.8% on the day of the news, from ₹1,192.30 to ₹1,213.70; Nifty +0.7% over the same session.

Bulletin at 07:00 IST on 2 Jul 2026. Every change is measured from ₹1,192.30, the last close before it, on 1 Jul. Nifty 50 is measured over the same sessions.

  • KRISHNADEF close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
KRISHNADEF closes around the bulletin against the close before the news, with Nifty 50 rebased to it999.1511921385axis spans 39%before the news · 1 Jul1192Nifty 50KRISHNADEFbulletinD0+1+3+524 Jun7 Jul16 JulReference close ₹1,192.30. 16 sessions from 24 Jun to 16 Jul; the price axis spans 39 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before1 Jul₹1,192.30basebase
On the day2 Jul₹1,213.70▲ +1.8%▲ +0.7%+1.1 pp difference
+1 session3 Jul₹1,253.20▲ +5.1%▲ +1.1%+4.0 pp difference
+3 sessions7 Jul₹1,282.80▲ +7.6%▲ +1.6%+6.0 pp difference
+5 sessions9 Jul₹1,314.30▲ +10.2%▼ −0.2%+10.4 pp difference
Gap at the open, % · ₹
▲ +0.6%+6.56 on 2 Jul
Day's range, % · ₹
3.7%≈ 44 high to low
Volume on the day
0.60×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · KRISHNADEF on the desk →

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