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

Asia-Pacific markets mixed: Nikkei 225 up 1%, HNX 30 down 4%

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US markets edge higher on Friday: All 3 major indices close above 1%

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