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The Nifty Pharma index closed 0.7 per cent down at 13851.25.

The Nifty Realty index was trading 0.7 per cent up at 551.9.

In a volatile session of trade, the bulls emerged strong with several stocks across cement, consumer durables and PSU names witnessing good buying interest from investors.

The money will be raised in one or more tranches, and the said issuance will be done on a private placement basis, it added.

"Gold prices traded weak with spot gold prices at COMEX trading 0.08 per cent down at USD 1,816 per ounce on Monday," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.

“I believe they can grow their value going forward… not only Paytm but there are other businesses that we have high expectations of,” SoftBank CEO Masayoshi Son says after announcing his company’s earnings.

The ramp-up in its specialty business over the past year has increasingly turned skeptics into believers. The company has four major products in the trial phase, which suggests that the specialty drugs portfolio will continue to get refreshed.

Balrampur Chini is one of the leading sugar producers in the country. It has many sugar mills in Uttar Pradesh.

At least eight companies are awaiting listing in November, with as many as three issues kicking off for subscription this week.

The pan-European STOXX 600 was flat as of 0806 GMT after hitting record levels on Friday.