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NSE:COFORGE 9 December 2025 - 29 December 2025

PNB fraud alert, Coforge’s $2.35 billion Encora deal and MCX split: India stocks to watch Monday

PNB fraud alert, Coforge’s $2.35 billion Encora deal and MCX split: India stocks to watch Monday

Punjab National Bank reported a 24.34 billion rupee loan fraud involving former promoters of two SREI Group firms. Coforge announced a $2.35 billion deal to acquire AI firm Encora, with combined annual revenue projected at $2.5 billion. A-1 Ltd will trade ex-bonus Dec. 31, issuing three bonus shares per share held, and shifted its stock split record date to Jan. 8, 2026.
29 December 2025
Coforge’s $2.35 billion Encora deal tops India’s stocks-to-watch list for Dec. 29

Coforge’s $2.35 billion Encora deal tops India’s stocks-to-watch list for Dec. 29

Coforge agreed to acquire U.S.-based Encora for $2.35 billion and will raise up to $550 million via a share sale to fund the deal. Punjab National Bank reported a 24.34 billion-rupee fraud to regulators. Timex Group India’s promoter plans to sell up to 8.93% on Dec. 29–30. GIFT Nifty futures rose 40 points to 26,100 ahead of Monday’s open.
Biggest Stock Losers Today in India (9 December 2025): Asian Paints, LT Foods, ITC Hotels, Coforge Drag Nifty & Sensex

Biggest Stock Losers Today in India (9 December 2025): Asian Paints, LT Foods, ITC Hotels, Coforge Drag Nifty & Sensex

Indian stocks fell sharply by late morning Tuesday, with the Sensex down 468 points near 84,634 and Nifty 50 lower by 0.55% around 25,819. Mid- and small-cap indices dropped about 1.5% each. Asian Paints slid nearly 4%, leading large-cap declines, while Infosys, M&M, Wipro, and Tata Steel also fell. Over 380 NSE stocks hit 52-week lows as market breadth remained weak.
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