Japan's interest rate highest in 30 years, ICICI Pru AMC's 20% listing gains, & more - Groww Digest

Friday, 19 December 2025

Groww Digest

Dec 19, 2025

Markets opened above yesterday’s closing point.

All sectors’ stocks rose today. Realty stocks and chemicals stocks rose the most.

Global markets: US markets and Asian markets rose. Most European markets fell (as of 6 pm IST).

News

Japan raised its key interest rate to 0.75% from a previous rate of 0.5%. It is the highest rate of interest in the last 30 years.
India’s forex reserves rose by $1.69 billion to $688.95 billion in the week that ended on 12 Dec.
The US annual inflation stood at 2.7% in Nov (vs 3% in Sept). The Oct data was delayed due to the US government shutdown.
China has filed a formal WTO complaint against India challenging India’s tariffs on information and communications technology (ICT) products and subsidies for the solar sector, claiming they give Indian industries an unfair advantage and violate WTO rules.
The central government approved a Rs 887 crore project to develop a world‑class marina in Mumbai Harbour.
ICICI Prudential AMC IPO listed on the stock exchanges at a premium of 20.09% over the issue price and closed 19.44% up at the end of the day.

Stocks Updates

Tata Steel: invested around Rs 1,354.94 crore in its Singapore-based subsidiary company, T Steel Holdings Pte Ltd.
Waaree Energies: company subsidiary, Waaree Solar Americas, will invest $30 million in United Solar Holding Inc to strengthen its polysilicon supply chain.
HCL Tech: will acquire HPE’s Telco Solutions business for up to $160 million for its engineering, 5G, and AI-led network capabilities for global telecom clients.
Tata Power: allotted Rs 2,000 crore of non-convertible debentures and also invested Rs 64 crore towards acquiring 40% of Khorlochhu Hydro Power Ltd.
Shriram Finance: MUFG Bank will invest around Rs 39,618 crore in the company via preferential issue to acquire a 20% stake.
REC: incorporated Balsane Power Transmission Ltd as a wholly owned subsidiary to build and later transfer an intra-state transmission project in Maharashtra.
ITC: company’s wholly owned subsidiary, Prag Agro Farm Ltd, was voluntarily liquidated effective from 10 Dec, and ceased to be part of the company.
Cipla: signed a 5-year exclusive agreement to market and distribute 4 Pfizer brands, including Corex, Dolonex, Neksium and Dalacin C in India.
Indus Towers: incorporated 2 step-down wholly-owned subsidiaries in the UAE, Indus Towers Investment FZE and Indus Towers Ventures FZE, to explore investments in African markets.
Shree Cement: received a GST demand order with Rs 5.70 crore tax and Rs 5.70 crore penalty over input tax credit, which it will challenge.
ICICI Lombard: received a revised GST demand order for Rs 8.76 crore tax plus interest and Rs 88 lakh penalty for FY 18-21, which it will challenge.
Britannia: received a Rs 3.43 crore GST order over input tax credit, which it will challenge.

Word of the Day

Rights Issue

It is when a company offers extra shares to its existing shareholders

These shares are usually sold at a lower price than the market rate.

Shareholders can buy them in proportion to their current holdings.

This helps the company raise money for growth or to repay debt.

If shareholders don’t want to buy, they can sell their rights to others.

6 Day Course

Theme: rebalancing
Day 5: Friday

Rebalancing as a concept is less-known among newer investors.

Many times, when certain investments are doing well, rebalancing can seem like a counter-intuitive move to make.

Because why would you sell your investments if it is giving you very high returns?

But rebalancing must be done routinely to de-risk your portfolio from shocks.

Take care to include all the assets including equity, FD, debt, real estate, commodities, etc.

It is also necessary to accurately update the values of each of these assets while planning for rebalancing.

Featured Questions

Q. “Can any Mutual fund in which we invest for long duration like 20-30 years can be closed or discounted from the market in future. If yes what can we do?”

Technically speaking, yes, that is possible.

Usually, mutual funds are not shut down. If the AMC is unable to manage a mutual fund, it is merged with another mutual fund within the same AMC.

This merger is the most common way of shutting a mutual fund.

This way, the investor’s money continues to be invested.

Another way is acquiring the mutual fund. When a mutual fund is under difficulties, the AMC transfers the mutual fund to another AMC.