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Indian benchmark indices Sensex and Nifty50 declined after opening higher on Tuesday due to losses in HDFC Bank, ICICI Bank, and Reliance Industries, influenced by weak global cues. While Asian stocks showed gains, US bond yields rose following a US credit rating downgrade, impacting emerging markets. Experts suggest a cautious market approach with potential consolidation and institutional selling.

Protean shares: Over the past two days, Protean shares have declined by more than 30% in value. If the downward trend persists, the stock could potentially reach its 52-week low of Rs 930. In the opening session, it was trading around Rs 995.

I would have probably been happy with early double digit earning growth, but Nifty is around 8-8.5 and if you see the broader market the first 600-700 stocks that is about almost around 10%.

Following Q4 results several brokerages advise to reduce exposure in select stocks due to stretched valuations and limited upside potential. Choice Broking suggests reducing Datamatics Global and Motherson Sumi , while Elara Securities recommends reducing KPR Mill Th& ermax.

NRI financial strategies are diverse, shaped by life stage, location, and goals, according to Entrust Family Office. While individual approaches vary, NRIs commonly prioritize financial discipline, long-term wealth creation, and global diversification. Their investment decisions reflect a balance between emotional ties to India and pragmatic opportunities in global markets, evolving with their changing needs and the economic landscape.

HAL shares: UBS has set a new 12-month price target of Rs 5,600 per share for HAL, indicating a potential upside of 14.5% from its Monday closing price of Rs 5,016. The brokerage had previously set the target at Rs 5,440.

NRIs have invested a substantial $3.1 billion in Indian real estate in the first half of 2024, building on the $13 billion invested in 2023. REITs and fractional ownership are gaining traction among NRIs due to their transparency, liquidity, and lower investment thresholds, offering a hassle-free way to participate in India s real estate market.

Quess Corp reported a robust 54% profit jump in Q4 FY25, driven by its Professional Staffing segment and GCC growth, after completing its demerger. The company s revenue increased by 9% to ₹14,967 crore, with EBITDA rising by 13%.

MobiKwik shares fell 6.3% after the company reported a sharp Q4FY25 net loss of Rs 56.03 crore, up from just Rs 67 lakh a year ago. Revenue rose 2.6% to Rs 278 crore, and payments GMV grew 2.3x YoY. Despite doubling payments revenue, the company posted an EBITDA loss of Rs 45.8 crore due to lower contribution margins.

Tuesday’s decline followed a broad sell-off in defence stocks on Monday, during which Cochin Shipyard, Mazagon Dock, GRSE, and Hindustan Aeronautics Ltd (HAL) fell by up to 4%.