
Eight large-cap stocks, including Adani Power, Gail India, ICICI Bank, Jindal Steel, JSW Steel, ONGC, Tata Motors Passenger Vehicles, and Zydus Lifesciences, formed a 'Bearish Engulfing Candlestick Pattern' on Wednesday, December 24, 2025. This technical pattern, characterized by a large red candle overshadowing a previous green candle, suggests a potential shift from a positive to a negative trend in stock movement.