Indian stock markets experienced a slight decline, continuing a consolidation phase with low trading volumes. Key company news includes Punjab National Bank reporting a Rs 2,433.99 crore borrowal fraud. Coforge plans to acquire US-based Encora for $2.35 billion in an all-stock deal. IndiGo's domestic market share decreased in November. Akums Drugs Pharmaceuticals announced the resignation of its President-Finance due to pollution concerns.