The Nifty closed above the 26,000 mark, snapping its four-day losing streak. Nifty December futures up to 26,189 at a premium of 156 points. Nifty December futures open interest down by 0.6%. Nifty Options on Dec 9: Maximum Call open interest at 27,000 and Maximum Put open interest at 26,000.

Stock Market Today: All You Need To Know Going Into Trade On Dec. 5

Here are the latest business updates for the week, covering various sectors and companies.

HUL Share Price Adjustment: The company's share price will get adjusted for the demerger of Kwality Wall's India. The record date is Dec. 5.
ITC Hotels Stake Sale: British American Tobacco (BAT) to offload shares worth nearly Rs 3,000 crore in ITC Hotels at a floor price of Rs 205.65 via large deals on Friday.
Brookfield India REIT: The company launched QIP worth Rs 3500 crore at an indicative issue price of Rs 320, a 3.4% discount to CMP.
Tata Capital Credit Growth: NBFCs poised to deliver continued credit growth at 15-17% CAGR.

Seamec Partnership: In pact with HAL offshore to offer charter hire of multi support vessel 'SEAMEC AGASTYA'.
Tata Steel Relief: HC extended the interim relief for demand orders from Odisha, Jaipur till Dec. 12.
Tata Power Operations: Expects operations at Mundra unit to resume by Dec. 31.
Lloyds Engineering Radar Tech: In pact with Virtualabs Srl, Italy to develop radar technology in Defence & civil applications.

IIFL Capital Penalty Reduction: SAT (Securities Appellate Tribunal) reduced the penalty on arm IIFL Commodities, to Rs 40 lakh per year for FY15–FY17, totaling Rs 1.20 crore.
RailTel Corp Work Order: Received Rs 63.9 crore work order from Central Public works department to Design, Implement ICT network.
Zen Tech Defence Orders: Received orders worth Rs 120 crore from Defence Ministry to supply comprehensive training node.
Ashiana Housing Fundraising: Board meet on Dec.11 to consider fundraising via NCDs.
Paisalo Digital NCDs: Board Meet on Dec. 9 to consider allotment of NCDs via Private Placement basis.

Isgec Heavy Engineering Stake Acquisition: 26% stake acquisition of FPEL HR1 energy delayed by 30 days due to certain procedural formalities from FPEL HR1 Energy.
Diamond Power Order: Received Rs 748 crore order from Adani Green to supply cables for Khavda & Rajasthan project.
Nibe Plot Possession: Received possession of 3.14 lakh Sqm plot at Shirdi industrial area.
MCX Clarification: The company clarifies that the news related to weekly expiry or other messages is baseless & factually inaccurate.
Deepak Nitrite Manufacturing Operations: Arm Commenced manufacturing operations at Nitric acid plant in Gujarat.
Tembo Global Share Allotment: Approved the allotment of 2.2 lakh shares at an issue price of Rs 492 per share worth Rs 10.9 crore.
Sterling & Wilson Renewable Energy Order: Bombay high court passed order in suit of Axis Bank, defendant to deposit Rs 6 1.4 crore to defend leave.
Panorama Studios Pact: Executed pact with Jija film co & Mahaparv films to distribute theatrical rights of Marathi Film 'Lagnacha Shot'.
HCL Tech Partnership: Partnered with Strategy for global adoption of AI-powered semantic layer strategy Mosaic.
Excelsoft Tech Partnership: Partnered with AQA to create Joint AI Taskforce for R&D Projects. R&D focuses on advanced ethical and secure AI for E-Marking of handwritten student responses.