Markets Consolidate Amid Thin Volumes; PNB, Coforge, Titan, IndiGo in Focus

• Markets slipped, extending consolidation amid thin volumes and no major triggers; stock-specific news to drive trading.
• PNB reported a Rs 2,433.99 crore borrowal fraud involving SREI Equipment Finance and SREI Infrastructure Finance to RBI.
• Coforge to acquire US-based Encora for $2.35 billion (₹21,140 crore) in an all-stock deal, marking a major IT services acquisition.
• IndiGo's domestic market share fell to 63.6% in November due to operational disruptions; Vodafone Idea plans accelerated 5G rollout in 2026.
• Titan launches "beYon" for lab-grown diamond jewellery; Manappuram Finance to infuse Rs 250 crore into Asirvad Micro Finance.

Why It Matters: Market consolidation continues, but key companies like PNB, Coforge, and Titan announce significant developments.