Latest Stock Market News

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%.

Market expert Neeraj Dewan is optimistic about the Indian market. He highlights the strong performance of the defence sector, supported by robust order books and positive results from Bharat Electronics Limited. Dewan suggests investors to be stock-specific. He sees potential in the metal space due to China s lending rate cut.

JPMorgan Chase will allow clients access to Bitcoin ETFs, marking a major shift despite CEO Jamie Dimon’s long-standing criticism of the cryptocurrency. While Dimon remains sceptical, likening Bitcoin to illicit activity, he supports clients’ right to invest. The move signals broader crypto acceptance in traditional finance amid regulatory easing under the Trump administration.

Gold futures opened lower at MCX, mirroring international trends, while silver also saw a dip. This decline marks a significant fall from gold s peak, though recent volatility has kept prices largely flat. International markets initially rallied on Moody s US credit rating downgrade but retreated amid ceasefire hopes.

Railway stocks fell sharply on Tuesday amid broad market weakness and profit booking, following a sharp rally in recent sessions. Shares of RITES, Titagarh Rail Systems, and Jupiter Wagons led the decline. The fall comes after strong gains driven by optimism over resumed railway orders and sector-specific ETFs delivering over 16% returns last week.