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InsuranceMedium impactAfter close

Indian government explores minority stake sale in GIC

after close1 source ↓written by the desknot a recommendation

interest
10% stake sale
in GIC
82.4%
in September 2024
3.4%

The Indian government conducted road shows in London to gauge investor interest in a 10% stake sale of General Insurance Corp of India. Currently, the government holds 82.4% in GIC, having previously offloaded 3.4% in September 2024. This move aims to comply with the market regulator’s public shareholding norms.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 15 Dec 2025, 16:05 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

GICRE closed −1.2% on the day of the news, from ₹382.10 to ₹377.60; Nifty −0.6% over the same session.

Bulletin at 16:05 IST on 15 Dec 2025. Every change is measured from ₹382.10, the last close before it, on 15 Dec. Nifty 50 is measured over the same sessions.

  • GICRE close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
GICRE closes around the bulletin against the close before the news, with Nifty 50 rebased to it338.39382.10425.81axis spans 26%before the news · 15 Dec382.10Nifty 50GICREbulletinD0+1+3+59 Dec19 Dec31 DecReference close ₹382.10. 16 sessions from 9 Dec to 31 Dec; the price axis spans 26 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before15 Dec₹382.10basebase
On the day16 Dec₹377.60▼ −1.2%▼ −0.6%−0.5 pp difference
+1 session17 Dec₹368.20▼ −3.6%▼ −0.8%−2.8 pp difference
+3 sessions19 Dec₹365.45▼ −4.4%▼ −0.2%−4.1 pp difference
+5 sessions23 Dec₹368.55▼ −3.5%▲ +0.6%−4.1 pp difference
Gap at the open, % · ₹
▲ +0.5%+1.95 on 16 Dec
Day's range, % · ₹
2.0%≈ 7.6 high to low
Volume on the day
0.27×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · GICRE on the desk →

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