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Elections 2025Markets / The Economic Times
Apollo Micro Systems is set for active trade following a significant collaboration. The company, along with IIT-Chennai and the Indian Navy, will focus on developing advanced homegrown defence technologies. This partnership aims to meet the operational needs of the Armed Forces through indigenous research and development.
HDFC Asset Management Company shares are trading ex-bonus today, November 26, following a 1:1 bonus share issue. Investors who held shares by the end of trading on November 25 are eligible for one bonus share for every share owned. The record date for this bonus issuance was November 26, 2025.
Bharti Airtel shares are under scrutiny as promoter ICIL plans to sell a 0.56% stake for approximately $806 million. This follows a similar divestment by Singtel. The deal occurs after Airtel's strong Q2 results, with robust EBITDA growth and rising ARPU. Analysts remain optimistic, citing potential tariff hikes and operational strength.
Gallard Steel is set for its market debut with a strong grey market premium of 38%, indicating a potential listing price of Rs 205-210. The engineered castings manufacturer saw an overwhelming subscription of 375.54 times for its Rs 37.5 crore SME IPO, driven by significant demand from non-institutional and retail investors.
Investors will know their Sudeep Pharma IPO allotment status on Wednesday. The offering saw strong demand. Grey market activity suggests a listing premium. Shares may list higher than the issue price. Refunds and demat credits are scheduled for November 27. The company is set to list on November 28 on NSE and BSE. A positive debut is expected.
The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock.
Alphabet was poised to reach a historic $4 trillion market valuation on Tuesday, driven by a strong year-long surge in its stock. This rally is attributed to the Google parent's intensified focus on artificial intelligence tools, positioning it among Big Tech leaders in the AI race.
The dollar weakened as U.S. economic data suggested a December rate cut, with a potential dovish Fed chair nominee further pressuring the currency. The New Zealand dollar surged on a hawkish outlook, while the Australian dollar saw a brief boost from inflation figures. Sterling remained steady ahead of a significant budget announcement.

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