JBM Auto Soars on EV Optimism; VIP Industries Sees Block Deal Action & More – Paper By Pocketful
Market Recap: 24th December, 2025
🗞 Stock News Highlights
JBM Auto (+10.73%): The stock moved higher after JBM Auto highlighted strong fundamentals, led by a growing electric bus order book, EV segment expansion and visibility outlook improvement.
VIP Industries (+11.61%): Share surged after investors digested a large block deal that saw 3.7 crore shares (26% stake) change hands, lifting VIP Industries’ share price and signaling ownership shifts.
Interglobe Aviation (-1.46%): Shares fell after the government granted NOCs to two new airlines, sparking investor concerns over potential market share erosion in the fast-growing aviation sector amid capacity additions and regulatory approvals nationwide today.
NBCC (-0.09%): Shares fell despite NBCC India signing an MoU with the Mumbai Port Authority for major development projects, as investors booked profits and remained cautious on execution timelines and near-term earnings visibility.
🏢 Sectoral Performance
Media | NIFTY Media(+0.44%): The sector extended gains for a second straight session today, led by Sun TV Network, even as more stocks declined than advanced within the index.
Defence | Nifty India Defence (+0.32%): Sector advanced today, led by gains in Bharat Dynamics, BEML and shipbuilding stocks, reflecting steady investor interest in the defence sector amid selective stock-specific movements.
Oil & Gas | Nifty Oil & Gas (-0.76%): The sector pulled back today with 3 gainers and 12 draggers, led lower by heavyweights Reliance, BPCL, IOC and ONGC, while Castrol, Petronet LNG and Adani Total Gas provided limited support to the overall index.
Nifty Pharma (-0.51%): Sector moved lower amid broad selling pressure, with major drags coming from Sun Pharma, Dr Reddy’s Laboratories and Mankind Pharma.
🔍 Market Insights
Technical Level: Nifty opened slightly lower near 26,170, saw early selling that pushed it to 26,123, where support emerged around 26,120. The index later rebounded, tested highs near 26,236, and closed marginally lower at 26,142, signalling consolidation, cautious participation, and a clear wait-and-watch mood amid stiff resistance overhead during the session today.
Advance-Decline Ratio: The broader market showed negative breadth, as 1,359 stocks advanced while 1,768 declined, supporting overall market resilience.
The Big Picture: BP agreed to sell a 65% stake in its Castrol lubricants business to U.S. investment firm Stonepeak for about $6 billion, valuing the unit at roughly $10.1 billion. The deal will see BP retain a 35% interest, with proceeds aimed at reducing debt, and reflects a major step in its broader divestment strategy.
FII/DII Activity (Dec 23, 2025): Strong domestic inflows of ₹3,812 crore by DIIs helped stabilise markets despite ₹1795 crore net selling by FIIs.
🔮 Watch Out For Tomorrow
IPO Corner: Dhara Rail Projects, Nanta Tech, Admach Systems & Bai-Kakaji Polymers SME IPO closing on 26th December, with investors closely watching subscription levels and last-day demand momentum.
Macro: The RBI Foreign Exchange Reserves & Japan’s Tokyo CPI Ex Food and Energy YoY will be released on 26th December.
Index Watch: After a subdued session, Nifty traded in a narrow range and struggled to sustain moves above intraday highs, indicating consolidation. Market sentiment remains cautious, with focus on whether the index can resume its upward momentum or slip into a deeper corrective phase from current levels.
5 Day Course
Theme: Smart Risk Management in Markets
Day 3: Wednesday – Stop-Loss Discipline
A stop-loss is a predefined exit level designed to limit losses when the market moves against a position. It is not a prediction tool but a risk-control mechanism. Many traders avoid stop-losses due to fear of being wrong, but this often leads to bigger losses. A disciplined stop-loss helps remove emotions from decision-making and enforces accountability. When used correctly, it protects capital and allows traders to re-enter opportunities with a clear mindset. Consistent stop-loss discipline separates professional traders from impulsive market participants.
📝 Word Of The Day
Doomspending- The habit of spending significant amounts of money on luxury or “treat” items despite economic concerns. It is often a coping mechanism for feeling unable to afford major milestones like housing.
👀 Stay tuned. Stay diversified.
Until next time,
Team Pocketful.