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Select stocks stay in focus as markets extend consolidation amid thin volumes

Markets edged lower amid low holiday volumes, with stock-specific cues keeping PNB, IndiGo, Coal India, Coforge and others firmly on traders’ radar.
Indian equity markets saw a mild decline after two sessions of range bound trade, slipping nearly half a percent as low volumes persisted in the holiday-shortened week. The broader consolidation kept traders cautious, with stock specific developments driving attention. Shares of and remained in focus on corporate and sector cues, even as broader market direction stayed muted.