📌Nifty 50 ended the previous trade session 2,055.45 points away from its record high of 26,277.35. 📌Overnight, Wall Street indices ended higher, with Dow Jones, S&P 500, Russell 2000 hitting fresh highs. However, Asian equities were trading lower in early trade today. 📌Power Grid, IDFC First Bank, Wipro, LT Foods, Adani Group stocks, Zomato and others, are among the stocks in focus today.

Asian shares fell with benchmarks declining in Japan, Australia and South Korea. In posts to his Truth Social network on Monday, Trump claimed China had failed to follow through on promises to crack down on drugs, and the levies on Mexico and Canada were needed to clamp down on migrants and illegal drugs flowing into the US. Treasuries fell.

Oil prices steadied near $69 a barrel after a sharp decline, as Israel edges closer to a ceasefire with Hezbollah, potentially reducing Middle Eastern crude supply risks. Oil has been trading in a tight range due to geopolitical risks and expectations of a glut next year, amid OPEC+ meeting and new tariff threats from the US.

The Adani Group's market capitalization has fallen by over Rs 2.44 lakh crore to Rs 11.85 lakh crore due to a US court's indictment of Chairman Gautam Adani, with 5 of its 11 stocks declining, including Adani Green Energy, which fell 9.2% after TotalEnergies SE announced it would not make new financial contributions to the group.

The White House reports that companies have pledged over $1 trillion in US investments, mainly in semiconductors and clean energy, thanks to three key laws passed during the Biden administration. The laws have lured companies to create or expand US production facilities, aligning with Biden's infrastructure agenda and job creation goals.

OrbiMed-backed diagnostic services provider Suraksha Diagnostic has filed red herring prospectus on November 25, opening its maiden public issue for subscription on November 29. The price band details will be disclosed on November 26.The IPO consists of entirely an offer-for-sale of 1.91 crore equity shares by the existing shareholders, with no fresh issue component.

Wall Street's main indexes opened higher on Monday, with the blue-chip Dow scaling a record high, driven by investor optimism following Scott Bessent's nomination as Treasury Secretary in the incoming Trump administration. The Dow Jones Industrial Average rose 89.0 points, or 0.20%, at the open to 44,385.49. The S&P 500 rose 22.9 points, or 0.38%, at the open to 5,992.28.

State-owned Power Grid Corporation of India Ltd on Monday (November 25) said it has been declared the successful bidder for the transmission system for evacuation of power from a project spanning Rajasthan and Uttar Pradesh. Shares of Power Grid Corporation of India Ltd ended at ₹342.85, up by ₹5.85, or 1.74%, on the BSE.

Reported Consolidated quarterly numbers for TBO Tek are: Net Sales at Rs 450.69 crore in September 2024 up 27.92% from Rs. 352.33 crore in September 2023. Quarterly Net Profit at Rs. 60.09 crore in September 2024 up 225.68% from Rs. 47.81 crore in September 2023. EBITDA stands at Rs. 89.94 crore in September 2024 up 27.67% from Rs. 70.45 crore in September 2023.

Reported Consolidated quarterly numbers for Maithan Alloys are: Net Sales at Rs 464.22 crore in September 2024 up 4.64% from Rs. 443.65 crore in September 2023. Quarterly Net Profit at Rs. 143.85 crore in September 2024 up 132.24% from Rs. 61.94 crore in September 2023. EBITDA stands at Rs. 228.44 crore in September 2024 up 148.17% from Rs. 92.05 crore in September 2023.

Reported Standalone quarterly numbers for Nazara Technologies are: Net Sales at Rs 6.72 crore in September 2024 down 2.33% from Rs. 6.88 crore in September 2023. Quarterly Net Profit at Rs. 12.73 crore in September 2024 up 2214.55% from Rs. 0.55 crore in September 2023. EBITDA stands at Rs. 12.43 crore in September 2024 up 365.54% from Rs. 2.67 crore in September 2023.

Reported Standalone quarterly numbers for Softtech Engineers are: Net Sales at Rs 22.93 crore in September 2024 up 22.57% from Rs. 18.70 crore in September 2023. Quarterly Net Profit at Rs. 1.29 crore in September 2024 down 31.53% from Rs. 1.88 crore in September 2023. EBITDA stands at Rs. 7.13 crore in September 2024 down 0.7% from Rs. 7.18 crore in September 2023.

Reported Standalone quarterly numbers for Globalspace Technologies are: Net Sales at Rs 8.15 crore in September 2024 up 15.78% from Rs. 7.04 crore in September 2023. Quarterly Net Profit at Rs. 0.08 crore in September 2024 down 44.9% from Rs. 0.15 crore in September 2023. EBITDA stands at Rs. 1.06 crore in September 2024 down 35.76% from Rs. 1.65 crore in September 2023.

Reported Standalone quarterly numbers for Cranex are: Net Sales at Rs 13.23 crore in September 2024 down 10.9% from Rs. 14.85 crore in September 2023. Quarterly Net Profit at Rs. 0.70 crore in September 2024 up 75.37% from Rs. 0.40 crore in September 2023. EBITDA stands at Rs. 1.15 crore in September 2024 down 2.54% from Rs. 1.18 crore in September 2023.

Reported Standalone quarterly numbers for Southern Online Bio Technologies are: Net Sales at Rs 44.62 crore in September 2024 up 74.2% from Rs. 25.62 crore in September 2023. Quarterly Net Loss at Rs. 0.81 crore in September 2024 up 47.79% from Rs. 1.55 crore in September 2023. EBITDA stands at Rs. 0.64 crore in September 2024 down 37.25% from Rs. 1.02 crore in September 2023.