PNB fraud alert, Coforge’s $2.35 billion Encora deal and MCX split: India stocks to watch Monday
NEW YORK, December 28, 2025, 22:55 ET Punjab National Bank said it had uncovered a 24.34 billion rupee loan fraud linked to former promoters of two SREI Group companies, putting the state-run lender in focus as Indian markets reopen on Monday. Moneycontrol Hindi+1 The banking disclosure is one of several company updates investors are tracking ahead of Monday’s session, after Indian stocks ended the Dec. 22-26 week with modest gains but closed lower on Friday. Moneycontrol Hindi+1 India’s benchmark indexes were set for a flat open on Monday, with thin year-end holiday volumes and foreign fund outflows shaping sentiment. Reuters