• Nifty December Futures closed trading at 10,767, with a premium of 13.5 points.
• Maximum open interest for December series call at 11,000 strike value contract. (open interest at 59 lakh shares)
• Maximum open interest for December series put at 10,000 strike value contract. (open interest at 48 lakh shares)

Insider Trades

• Gulshan Polyols promoters acquired 37,000 shares from Dec. 5-19.
• Jay Shree Tea & Industries promoter Manav Investment sold 26,700 shares on Dec. 20.
• Jindal Stainless promoter Abhuday Jindal acquired 48,000 shares from Dec. 19-20.

Who’s Meeting Whom

• Greaves Cotton to meet Renaissance Investment Managers and UBS Securities on Dec. 26.
• Mahindra Logistics to meet Reliance Life Insurance and Elara Capital from Dec. 24-Jan. 4.

Bulk Deals

Fiem Industries

• Morgan Stanley France acquired 1.08 lakh shares (0.82 percent) at Rs 560 each.
• Blackrock India Equities (Mauritius) sold 1.31lakh shares (1 percent) at Rs 560.05 each.

VA Tech Wabag

• Goldman Sachs India Fund sold 8.7 lakh shares (1.59 percent) at Rs 270.1 each.

Apollo Pipes

• Hober Mallow Trust sold 3.1 lakh shares (2.6 percent) at Rs 400 each.
• Malabar India Fund acquired 3.1lakh shares (2.6 percent) at Rs 400 each.

Arshiya

• MSD India Fund sold 26.91 lakh shares (1.1 percent) at Rs 21.36 each.

HealthCare Global Enterprises

• Pabrai Investment Fund sold 21.3 lakh shares (2.15 percent) at Rs 198.05 each
• Sundaram BNP Paribas Mutual Fund acquired 10.9 lakh shares (1.24 percent) at Rs 198.05 each

Omkar Speciality Chemicals

• HDFC Bank sold 1.18 lakh shares (0.57 percent) at Rs 27.24 each

• Infosys is likely to again buy back shares worth $1.6 billion, The Times of India reported citing sources. Buyback report could be part of board resolution scheduled to meet Jan. 11 regarding quarterly financial results.
• InterGlobe Aviation signed codeshare mutual agreement with Turkish Airlines. The aviation company said this agreement is a part of its international expansion strategy. Through this cooperation, Turkish Airlines will be offering new destinations in India as a marketing carrier on lndiGo operated flights, while the lndian carrier’s customers will be able to reach many European destinations through Turkish Airlines' network.
• Entertainment Network (India) board approved the company’s foray into U.S. Markets. The proposed thrust for expansion will involve incorporation of arms in U.S. to enter into time brokerage arrangements to broadcast radio programs and content targeting the South Asian Community.
• Fortis Healthcare: SEBI orders Singh brothers and other eight group companies to repay Rs 403 crore to company itself. The order also stated that the Singh brothers and above-mentioned entities to not dispose any assets or divert funds except for payment of the said order for meeting day to day expenses. The order added that Malvinder Mohan Singh and Shivinder Mohan Singh shall not associate themselves with the affairs of Fortis Healthcare and Fortis Hospitals in any manner whatsoever, till further directions.
• Bandhan Bank clarified that the bank was unaware of the news that it is in talks with HDFC for control of Gruh Finance. The bank also stated that it is evaluating various opportunities and will not comment on market speculation.
• Petronet LNG restructured its LNG pact with Qatar based LNG Supplier ‘RasGas’. The company had had entered into a binding sale and purchase agreement with RasGas for supply of an additional 1 MMTP A of LNG for onward sale to lOCL, BPCL, GAIL and GSPC in December 2015. The company added that contract has been re-structured by having direct arrangement between the LNG supplier and the Indian entities with effect from Jan. 1.
• PVR board approved raising Rs 750 crore via qualified institutional placement via debt or equity. Meanwhile, the GST Council has cut tax rate on cinema tickets.
• Info Edge arm increased stake in Nopaperforms Solutions to 48.1 percent by investing Rs 28 crore. The company provides digital solutions for educational institutions.
• Inox Leisure commenced commercial operations of Multiplex Theatre in West Bengal.
• BHEL is in talks with U.S. Firm for lithium ion battery joint venture. (Bloomberg News)
• Sundaram Finance: Competition Commission of India approves acquisition of 40 percent stake of Royal Sundaram General Insurance Company to Ageas Insurance International N.V. (Bloomberg News)
• Lumax Auto Technologies board approved merger of its wholly owned arm-Lumax DK Auto Industries with self.