Akzo Nobel India Slides Over 13% on Promoter Stake Sale Worth ₹1,638 Crore& More - Paper By Pocketful
Market Recap: 17th December, 2025
📈 Top Gainers & Losers (Nifty 50)
🗞 Stock News Highlights
NBCC (- 1.90%): Stock declined despite winning ₹345 crore contracts from IIT Mandi and Kandla SEZ, with near-term selling pressure weighing.
Akzo Nobel India (- 13.57%): Stock crashed after a large block deal as promoter Imperial Chemical Industries likely offloaded 11.4% stake worth ₹1,638 crore.
Indian Overseas Bank (- 6.21%): Stock slipped as government initiated OFS at ₹34 floor price with 7% discount, aiming to raise over ₹1,964 crore via 3% stake sale.
Ola Electric (- 4.58%): Stock fell despite founder Bhavish Aggarwal repaying ₹260 crore promoter loan, leading to full release of 3.93% pledged shares.
🏢 Sectoral Performance
PSU Banks | Nifty PSU Bank (+1.29%): Sector outperformed broader market, led by SBI and Canara Bank gains, as strong volumes and sustained investor buying lifted PSU banking stocks.
IT | Nifty IT (+0.29%): Sector remained in consolidation over the past week, supported by stable rupee and selective bargain hunting in Infosys, TCS, and Wipro.
Media | Nifty Media(-1.71%): Nifty Media ended lower amid selling pressure, underperforming broader markets, with 1 gainer and 9 losers in the index.
India Defence | Nifty India Defence(-1.11%): Sector declined for the second consecutive day amid profit booking, with most stocks under pressure, marked by 4 gainers and 14 draggers.
🔍 Market Insights
Technical Level: Nifty opened with a gap-up, saw strong liquidity in the morning session, but declined through the day, facing resistance near 25,930 and closing around support at 25,770.
Advance-Decline Ratio: Market action showed weakness, with declines at 2,083 outweighing advances at 1,054, indicating broad-based selling pressure across counters.
The Big Picture: European markets moved higher as investors focused on upcoming central bank meetings, while sterling weakened after UK inflation cooled, strengthening expectations of a Bank of England rate cut amid slowing growth signals.
FII/DII Activity (Dec 16, 2025): Domestic institutional investors bought ₹1,077 crore worth of equities, while foreign institutional investors sold shares worth ₹2,382 crore during the session.
🔮 Watch Out For Tomorrow
IPO Corner: KSH International IPO is closing tomorrow, while Phytochem Remedies SME IPO is opening the same day, giving investors simultaneous subscription and listing opportunities.
Macro: Japan Balance of Trade (Nov) and UK Inflation Rate YoY (Nov) data are scheduled for release today, likely influencing currency and global market sentiment.
Index Watch: Nifty has declined for the second consecutive day and is now approaching a key daily support near 25,690. The crucial question is whether the index holds this level and rebounds toward 26,000, or breaks below it to form a new short-term low. With global markets facing uncertainty, volatility may remain elevated this week. However, Indian markets have often shown resilience in the past, and if domestic buying support emerges, a bounce from support cannot be ruled out.
5 Day Course
Theme: Understanding Business & Earnings Quality
Day 3: Wednesday - Earnings Consistency
Earnings consistency shows how stable and predictable a company’s profits are across different economic conditions. Consistent earnings reduce business risk and provide better visibility for future performance. Highly volatile profits often indicate cyclicality, dependence on external factors, or weak business stability.
Example: Company A reports profits of ₹80 crore, ₹85 crore, ₹90 crore, ₹95 crore, and ₹100 crore over five consecutive years. Growth is steady, predictable, and not dependent on any single event. Even during weak market conditions, profits continue to rise gradually. This consistency suggests a stable business model, strong demand, and good cost control, making future earnings easier to estimate.
Company B reports profits of ₹40 crore, ₹130 crore, ₹50 crore, ₹120 crore, and ₹60 crore in the same period. Although some years look impressive, profits fluctuate sharply due to commodity price swings and one-time gains. This volatility increases risk and reduces earnings visibility for investors.
📝 Word Of The Day
Stop-Loss: A stop-loss is a predefined price level where a trader exits a position to limit losses, protect capital, and manage risk when the market moves against the trade.
👀 Stay tuned. Stay diversified.
Until next time,
Team Pocketful.