*News Tracker 12th Dec, 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 gauges of US and global equities hit fresh records, with sentiment boosted by this week’s Federal Reserve’s rate cut and its upbeat assessment of the US economy. MSCI Inc.’s index of Asian shares was up 0.9% on Friday, poised for its highest close in about a month. Japan’s Topix led regional gains, with financials favored on bets that a Bank of Japan interest-rate hike next week is all but certain. Chinese equities underperformed after the nation’s leadership signaled it will maintain economic support but refrain from ramping up stimulus next year. While the S&P 500 climbed 0.2% to an all-time high on Thursday, some caution for tech names persisted. S&P 500 futures were steady on Friday though contracts on the tech-heavy Nasdaq 100 fell 0.1%.*Positive clues from US and Asian markets*

*Company Related*

*Astra Microwave*: Gets Rs.171 crs order from Indian Meteorological Department. *Positive*

*Cyient*: Announces acquisition of Abu Dhabi-based Technology Consulting and Digital Services Co. *Positive*

*Vedanta*: Declared successful bidder of Genjana Nickel block. *Positive*

*Diamond Power Infra*: Gets LoI for INR751.4M order. *Positive*

*Oswal Pumps*: Says MSEDCL selects for Rs.380 crs water pumping order. *Positive*

*Tata Power*: The company has received an annual order worth Rs 156 crore per year for 35 years to commission a 400 KV transmission line as they have secured a Letter of Intent (LoI) from REC’s arm to commission a transmission line from Jejuri to Hinjewadi. *Minor Positive*

*NBCC*: The company has received orders worth Rs 289 crore, including an order from SAIL Bokaro for desilting of the cooling pond and another order for civil, construction, and repair works at NALCO’s office and township. *Minor positive*

*InterGlobe Aviation*: The DGCA has asked CEO Pieter Elbers to appear before its officers committee on December 12 also Petitioners Akhil Rana and Utkarsh Sharma have filed a writ petition before the Delhi High Court against the Ministry of Civil Aviation, DGCA, and the company in connection with operational disruptions leading to flight cancellations. The company is undertaking appropriate measures to respond to the petition. *Weak sentiment for the stock*

*Share to exit anchor lock-in : Anthem Biosciences (0.4% equity) and Pine labs (3%).*

*Australian mining stocks rise* after the Federal Reserve’s interest-rate cut boosted gold, silver and copper prices. *Positive trend for Hindustan Copper, VEDL and Hindustan Zinc*

*Rivian Automotive Inc. shares fell after the company unveiled its own artificial intelligence chip designed to replace Nvidia Corp. technology* as part of a broader push to enhance automated-driving features in future vehicles.

*Broadcom Inc., a chip company vying with Nvidia Corp. for AI computing revenue, suffered a stock slide after its sales outlook for the red-hot market failed to meet investors’ lofty expectations*.

*India*

*Prime Minister Narendra Modi will travel to Jordan, Ethiopia and Oman from Dec. 15–18* for high-level meetings aimed at deepening strategic ties and marking key diplomatic milestones.

India’s federal cabinet will on Friday consider allowing 100% foreign direct investment in the nation’s insurance sector, a senior government official told reporters in New Delhi.

India’s pension regulator has included gold and silver exchange-traded funds as permitted investments for the first time, unlocking about $1.7 billion of potential demand for the precious metals.

India’s chief economic adviser said he would be surprised if an “elusive” trade deal with the US isn’t signed by March, as most trade-related issues have been resolved.

SoftBank Group Corp. is studying potential acquisitions including data center operator Switch Inc., as billionaire founder Masayoshi Son ramps up the search for deals that can help it ride the AI-fueled boom in digital infrastructure.

*Geo-political tracker & Global*

*President Donald Trump spoke with Prime Minister Narendra Modi* as negotiators from the US and India work to resolve differences over an elusive trade agreement. Modi on Thursday described *the conversation as “warm and engaging” and said they “reviewed the progress in our bilateral relations and discussed regional and international developments.”*

China‘s economic policymakers pledged to adopt supportive monetary and fiscal policy, hinting at interest rate cuts and a sizable budget deficit as the economy’s momentum weakened toward the end of 2025.

Mexican lawmakers gave final approval for new tariffs ranging from 5%-50% on Asian imports, broadly aligning with US efforts to tighten trade barriers against China, as President Claudia Sheinbaum seeks to protect local industry.

*China isn’t contributing to the peace and stability of the Asia-Pacific region*, Japanese Defence Minister Shinjiro Koizumi and US Defence Secretary Pete Hegseth concurred on Friday following accusations from Tokyo that at least one Chinese fighter jet used its weapons-targeting radar on Japanese fighters.

*Bangladesh will hold national elections on Feb. 12*, setting the stage for a return to democratic rule, Chief Election Commissioner AMM Nasir Uddin announced.

The Bank of Japan will raise its policy interest rate next week, resuming the hiking cycle for the first time since January, according to a Bloomberg survey of BOJ watchers.