CLOSING BELL: The Nifty PSU Bank index sharply outperformed other indices as it gained 4.5 per cent

Sensex ends subdued day 235 pts up, Nifty swings above 18,200; SBI leaps 3%

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	<b>CLOSING BELL<br />
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	Stock market highlights:&nbsp;</b>Domestic equities were lackluster in trade on Monday as markets began on a cautious note in a holiday-truncated week. The S&P BSE Sensex gyrated between 60,714 and 61,401 levels, before settling at 61,185, up 235 points or 0.39 per cent. The Nifty50, on the other hand, moved in a band of 200 points and closed at 18,203, up 86 points or 0.47 per cent.&nbsp;</div>
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	The losses in Asian Paints, Bajaj Finserv, Kotak Bank, Sun Pharma, Titan, Dr Reddy&#39;s Labs, IndusInd Bank, and Infosys were offset by gains in SBI, Tata Steel, ICICI Bank, Maruti Suzuki, Ultratech Cement, M&M, PowerGrid, and HDFC.</div>
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	Sectorally, the Nifty PSU Bank index sharply outperformed other indices as it gained 4.5 per cent. The Nifty Metal index advanced 1.6 per cent, while the Nifty Auto index gained 1.3 per cent. The Nifty Pharma index was the only loser, down 1.4 per cent.&nbsp;</div>
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	Meanwhile, in the broader markets, the BSE MidCap and SmallCap indices added 0.6 per cent each.</div>
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	<strong>IPO market</strong></div>
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	<strong>Global Health</strong>: The issue was subscribed 6 times till 3:30 PM on the final day of the issue, aided by 3.7x subscription by NIIs. While QIB portion was subscribed over 16.4x, retail portion lagged at 77 per cent level.&nbsp;&nbsp;</div>
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	<strong>Bikaji Foods</strong>: This public issue garnered impressive subscription levels. The issue was booked over 20.4 times with NII portion at 6x, QIB at 60x, retail at 4.3x, and employee at 3x.&nbsp;</div>

Business Standard

Sensex ends subdued day 235 pts up, Nifty swings above 18,200; SBI leaps 3% | News on Markets - Business Standard

OPENING BELL | Sensex zooms over 350 points at open

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OPENING BELL | Nifty jumps over 100 pts; 32 of 50 stocks edge higher

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PRE-OPEN SESSION | Nifty likely to open above 18,200

PRE-OPEN SESSION | Sensex gains over 200 pts in pre-open deals

CURRENCY ALERT | Rupee opens 33 paise stronger at 82.11/$

WATCH | Will the markets consolidate in this holiday-truncated week?

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	In the week ahead, Indian markets will focus on the last leg of Q2 results and macro-economic data for further cues on direction.&nbsp;</div>
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Stocks to watch: SBI, DRL, Britannia, Coal India, Divi's Lab, Paytm, ABFRL

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	Stocks to watch today: Coal India, Divi&#39;s Lab will report the July-September quarter (Q2FY23) results on Monday, November 7; SBI&#39;s net profit climbed 73.9 per cent YoY to Rs 13,265 crore in Q2FY23. <a href="https://www.business-standard.com/article/markets/stocks-to-watch-sbi-drl-britannia-coal-india-divi-s-lab-paytm-abfrl-122110700076_1.html" target="_blank"><strong>Read here</strong><br />
	<img alt="Markets, bulls, bears, stocks, trading, technicals, market technical, technical analysis" src="https://bsmedia.business-standard.com/_media/bs/img/misc/2021-05/20/full/markets-bulls-bears-stocks-trading-technicals-market-technical-technical-analysis-1621493660-65622620.jpg?im=Resize,width=640" /></a></div>

Rupee strengthens 45 paise to close at 82.43/$ Friday

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Brent slips 1% to $97 per barrel as China to maintain Covid restrictions

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GLOBAL DATA | China October exports & imports down 0.3%/0.7% YoY

ALERT | Zydus Life EIR from US FDA for Moraiya manufacturing facility

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	Zydus Life gets EIR with voluntary action indicated from US FDA for Moraiya manufacturing facility. US FDA concluded the inspection with 4 observations</div>

US equity futures trade lower ahead of mid-term polls Tuesday

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DIIs sold Rs 548 crore worth of equities on November 4

FIIs bought Rs 1,436 crore worth of equities on November 4

SGX Nifty hints at a gap up open, up over 150 points

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