Coforge Shares Slide on Equity Dilution Concerns; Europe plans to ban Russian gas by 2027 & More - Paper By Pocketful
Market Recap: 23rd December, 2025
📈 Top Gainers & Losers (Nifty 50)
🗞 Stock News Highlights
GPT Infraprojects (+2.49%): The stock moved higher after GPT Infra emerged as the lowest bidder for a ₹670 crore NHAI order, disclosed in a regulatory filing.
Prestige Estates Projects (+0.11%): Shares gained as the company expanded its Chennai footprint with a 25-acre land acquisition in Medavakkam.
Saatvik Green Energy (-4.02%): The stock slipped even though its subsidiary secured a ₹486 crore solar PV module supply order, as broader market weakness and muted investor sentiment outweighed the positive order news.
Coforge (-4.74%): Shares dropped after the firm announced a December 26 board meeting to discuss fund-raising plans, triggering equity dilution worries.
🏢 Sectoral Performance
PSE | Nifty PSE (+1.02%): Sector extended gains for the third straight session, led by 17 gainers and 3 losers, supported by PSU buying, stable bond yields, and earnings optimism.
Media | Nifty Media (+0.80%): Sector extended gains from recent lows, supported by buying interest in Nazara Technologies, Network18 Media & Investments, and Sun TV Network, outperforming the broader market.
IT | Nifty IT (-0.80%): Sector pulled back after a recent rally, with 3 gainers and 7 draggers, as the rupee hovered near record lows and optimism around U.S. rate cuts in 2026 cooled.
Nifty PSU Bank (-0.34%): Sector moved lower amid profit-booking, with most selling pressure seen in State Bank of India, Bank of Baroda, and Bank of India.
🔍 Market Insights
Technical Level: Nifty opened with a gap-up, witnessed early selling pressure, and found support near 26,120. The index later rebounded, posted a higher high around 26,230, and ended the session in a narrow range with a positive close, reflecting underlying strength despite resistance at higher levels.
Advance-Decline Ratio: The broader market showed positive breadth, as 1,833 stocks advanced while 1,320 declined, supporting overall market resilience.
The Big Picture: Europe plans to ban Russian gas by 2027, dimming hopes of Nord Stream revival, as slow Ukraine peace talks and geopolitical divisions make reintegration of Russian energy politically and unlikely.
FII/DII Activity (Dec 22, 2025): Strong domestic inflows of ₹4,058 crore by DIIs helped stabilise markets despite ₹457 crore net selling by FIIs.
🔮 Watch Out For Tomorrow
IPO Corner: Dachepalli Publishers & EPW India SME IPO closes tomorrow, with investors closely watching subscription levels and last-day demand momentum.
Macro: The U.S API crude oil stock change data & Japan BoJ Monetary Policy Meeting Minutes will be released Tomorrow
Index Watch: After a three-day rally, Nifty traded largely flat, failing to cross the previous session’s high, suggesting a minor consolidation. Investor sentiment stayed positive this week, with focus on whether Nifty can break past earlier highs to form a new all-time high, or reverse from current levels.
5 Day Course
Theme: Smart Risk Management in Markets
Day 2: Tuesday – Position Sizing: The Silent Risk Controller
Position sizing refers to how much capital is allocated to a single trade or investment. Even a high-probability trade can become dangerous if the position size is too large. For instance, risking 20% of capital on one trade can severely damage a portfolio if the trade fails. Proper position sizing limits the impact of any single loss and keeps drawdowns manageable. Professional traders often risk only 1–2% of capital per trade. This approach improves consistency, reduces emotional stress, and allows traders to stay active even during losing streaks.
📝 Word Of The Day
Stop Hunting :Stop hunting occurs when price deliberately moves toward common stop-loss levels to trigger exits, collect liquidity, and then reverses direction, often driven by large or institutional market participants.
👀 Stay tuned. Stay diversified.
Until next time,
Team Pocketful.