HAL, RVNL, IRFC, PFC, IRCTC, BHEL, Cochin Shipyard, REC: Why are PSU defence, railways, NBFC stocks falling today?

Only 4 out of 59 PSU index stocks were trading higher. Oil India plunged 5.92 per cent to Rs 559.55. Defence stock Hindustan Aeronautics tanked 4.61 per cent to Rs 4,232 on BSE, as the BSE PSU index fell 1.5 per cent in trade so far.  
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