Overview
- GIFT Nifty signaled a flat start after Monday’s drop that saw the Sensex close at 85,102.69 and the Nifty50 at 25,960.55 as traders watched the US Fed outcome and foreign outflows.
- ICICI Bank executed a pact to buy an additional 2% of ICICI Prudential AMC from Prudential Corporation Holdings for Rs 2,140 crore.
- Larsen & Toubro approved transferring its realty undertaking to L&T Realty Properties, and Siemens cleared a slump sale of its low‑voltage and geared motors business to Innomotics India for Rs 2,200 crore.
- IndiGo reported more than 1,800 flights with 90% on‑time performance on Dec. 8, as Moody’s cut its issuer score for human capital to 4 from 3 citing slower hiring.
- PhysicsWallah cleared about Rs 488 crore of investments across subsidiaries and a further tranche in Utkarsh Classes & Edutech that lifts its stake to 75.5%.