Indian shares are expected to open slightly lower, following a weak close on Wall Street and mixed Asian stocks. Punjab National Bank reported a fraud of over Rs 2,000 crore involving loan accounts of SREI Equipment Finance and SREI Infrastructure Finance. NBCC will receive a 21.23-acre land parcel in south Delhi and develop a mixed-use real estate project. Coforge is acquiring AI firm Encora for $2.35 billion. Economic data on industrial production and manufacturing sector output for November will be released today. On Friday, Indian shares ended lower, with the Sensex falling 0.43% and Nifty down 0.38%.

In the US, stocks showed little direction on Friday, with the S&P 500 reaching a new record high before closing slightly lower. The Dow and Nasdaq also edged down slightly.

Read more at Nasdaq: Indian Shares Seen Opening On Subdued Note