Benchmark indices Nifty 50 (-0.17%) & Sensex (-0.13%) declined on March 4 amid global risk aversion after new US trade tariffs. Broader markets were mixed, with BSE Smallcap rising 1%.
Coffee Day Enterprises soared 20% after NCLAT ruled in its favor, dismissing a bankruptcy plea by IDBI Trusteeship over a ₹228 crore default, boosting investor confidence.
GRSE surged 9.6% after a four-day decline. Defence stocks like HAL (+4.5%), Mazagon Dock (+5.5%), and Cochin Shipyard (+7.4%) gained on renewed buying interest.
Bharat Electronics, Paras Defence, and other defence stocks rose (up to 3%) as Trump's stance on EU security fueled expectations of higher European defence spending.