News Tracker — 12th December 2025

Thought of the day — “If you’re not willing to own a stock for ten years, don’t even think about owning it for ten minutes.”

Today’s context

Asian stocks rallied after US and global equity gauges hit records, boosted by the week’s Fed rate cut and an upbeat assessment of the US economy. The MSCI Asia index rose 0.9% on Friday; Japan’s Topix led the region on BOJ rate-hike bets, while Chinese equities underperformed after the leadership signalled no ramp-up in stimulus. The S&P 500 added 0.2% to an all-time high; Nasdaq 100 futures slipped 0.1%. Read: positive clues from US and Asian markets.

Company related

• Astra Microwave — ₹171 cr order from the Indian Meteorological Department. Positive
• Cyient — to acquire an Abu Dhabi-based technology consulting & digital services company. Positive
• Vedanta — successful bidder for the Genjana nickel block. Positive
• Diamond Power Infra — LoI for a ₹75.14 cr order. Positive
• Oswal Pumps — selected by MSEDCL for a ₹380 cr water-pumping order. Positive
• Tata Power — LoI from REC’s arm for the 400 kV Jejuri–Hinjewadi line; ~₹156 cr per year for 35 years. Minor positive
• NBCC — orders worth ₹289 cr (SAIL Bokaro; NALCO works). Minor positive
• IndiGo — DGCA summons the CEO; writ petition in the Delhi High Court over cancellation disruptions. Weak sentiment
• Anchor lock-in expiries — Anthem Biosciences (0.4%) and Pine Labs (3%).
• Metals read-through — Australian miners rose after the Fed cut lifted gold, silver and copper; positive for Hindustan Copper, Vedanta, Hindustan Zinc.
• Global tech — Rivian fell after unveiling its own AI chip; Broadcom slid on a soft AI sales outlook.

India

• PM Modi to travel to Jordan, Ethiopia and Oman, Dec 15–18.
• Cabinet to consider allowing 100% FDI in insurance.
• Pension regulator permits gold & silver ETFs for the first time — roughly $1.7 bn of potential demand.
• CEA: would be surprised if the “elusive” US trade deal isn’t signed by March.
• SoftBank studying acquisitions including data-centre operator Switch Inc.

Geopolitical tracker & global

• President Trump spoke with PM Modi on the trade agreement — a “warm and engaging” conversation.
• China pledged supportive monetary and fiscal policy, hinting at rate cuts and a sizeable deficit.
• Mexican lawmakers approved 5%–50% tariffs on Asian imports.
• Japan’s Defence Minister and the US Defence Secretary flagged China’s conduct after a radar incident.
• Bangladesh to hold national elections on Feb 12.
• Bank of Japan expected to raise its policy rate next week — the first hike since January.