After opening their day on a strong note, Indian share markets gave up earlier gains and ended their session marginally higher. Gains were largely seen in the energy sector and IT sector, while telecom stocks ended the day lower.

At the closing bell, the BSE Sensex stood higher by 142 points (up 0.4%) and the NSE Nifty closed higher by 45 points (up 0.4%). The BSE Mid Cap index ended the day down by 0.5%, while the BSE Small Cap index ended the day down by 1.3%.

Asian stock markets finished on a positive note as of the most recent closing prices. The Hang Seng was up 1.97% and the Nikkei was trading higher by 1.47%. The Shanghai Composite stood higher by 0.46%. The rupee was trading at 63.93 to the US$ at the time of writing.

Punjab National Bank share price was in focus today. The stock witnessed selling pressure and closed around 13% lower today after the bank revealed that it has detected a US$1.77 billion (about Rs 114 billion) scam where billionaire jeweller Nirav Modi allegedly acquired fraudulent letters of undertaking from a branch in Mumbai to secure overseas credit from other Indian lenders.

In the news from the IPO space, the initial public offering (IPO) of Aster DM Healthcare has been subscriber 89% so far on its final day of the offering.

The company has set the price band of Rs 180-190 per equity share for its IPO.

The company currently operates in all the GCC states, which comprises the United Arab Emirates, Oman, Saudi Arabia, Qatar, Kuwait and Bahrain, in Jordan, India and the Philippines. The company’s GCC operations are headquartered in Dubai, while the United Arab Emirates and Indian operations are headquartered in Kochi, Kerala.

The company operates in multiple segments of the healthcare industry, including Hospitals, Clinics and Retail Pharmacies and provides healthcare services to patients across economic segments in several GCC states through their various brands ‘Aster’, ‘Medcare’ and ‘Access’.