Amid choppy trade, the Indian markets concluded Thursday’s session on a higher note as the Sensex gained by 133 points and Nifty50 settled near 17250-mark, led by IT stocks.   

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Narendra Solanki, Head- Equity Research (Fundamental), Anand Rathi Shares & Stock Brokers said, “The Indian markets opened on a positive note following Asian market cues as global investors assess US Fed's decision on taper and rates.”  

He further said that the US Fed communicated to aggressively unwind bond-buying and sees three rate hikes in 2022 and two each in the following next two years.  

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“During the afternoon session, the markets continued to hold their head above water. However, the upside remains capped on relentless FII selling in capital markets which impacted traders’ sentiment. During the closing session, the markets succumbed to selling pressure,” Solanki added in a comment.   

Stay tuned to Zeebiz.com to find out what could impact your trade today. We have collated a list of top 10 news points which could impact markets, companies, or economy:      

Global Markets:  

The major US markets closed in the red a day after the Fed meeting.  Dow Jones ended marginally down by 0.08%, Nasdaq Composite corrected as much as 2.47%, S&P 5000.87% and Russell 2000 was down by 1.95% in Thursday's closing.  

Asian Markets:  

The Asian markets were trading in the red on Friday morning. Nikkei 225 was trading lower by 0.88%, Hang Seng Index slipped 0.22% and Shanghai Composite declined 0.06%. 

SGX Nifty:  

On Thursday morning, SGX Nifty Futures were trading 38.50 points lower to 17,289.00at around 7.20 am, hinting at negative openings for the Indian markets  

Oil rises over 1% on strong U.S. demand  

Oil prices rose more than 1% on Thursday, as record U.S. implied demand, falling crude stockpiles and an upbeat economic outlook from the Federal Reserve trumped fears of the Omicron coronavirus variant hurting global consumption.  

Crude and other risk assets such as equities also got a boost after the Fed gave an upbeat economic outlook, lifting investor spirits even as the U.S. central bank flagged a long-awaited end to monetary stimulus.  

Brent crude oil was up $1.01, or 1.4%, to $74.89 a barrel by 10:58 a.m. EST (1558 GMT), while U.S. West Texas Intermediate (WTI) crude gained $1.34, or 1.9%, to $72.21 a barrel.  

Data Patterns IPO subscribed 119.62 times on last day  

The initial public offer of Data Patterns (India) Limited, which supplies electronic systems to defence and aerospace sector, closed with 119.62 times subscription on Thursday.  

The IPO on the last day of subscription received bids for 84,89,85,725 shares against 70,97,285 shares on offer, according to the NSE data.  

The category for non-institutional investors was subscribed a whopping 254.22 times, Qualified Institutional Buyers (QIBs) received 190.86 times subscription, and Retail Individual Investors (RIIs) 23.14 times.  

The initial public offer had a fresh issue component of up to Rs 240 crore an offer for sale of up to 59,52,550 equity shares.  

Rupee posts first rise in 7 days, ends 23 paise higher  

The rupee on Thursday clocked its first gain in seven sessions, rebounding 23 paise to close at 76.09 against the US dollar as participants took note of weakening of the greenback after US Fed turned hawkish.  

At the interbank forex market, the local unit opened at 76.31 against the greenback and witnessed an intra-day high of 76.06 during the day's trade.  

On Wednesday, the rupee plunged by 44 paise to close at a 20-month low of 76.32 against the American currency.  

Commodity trading: Sebi comes out with cut-off time framework  

Capital markets regulator Sebi on Thursday came out with a framework pertaining to cut-off time for generation of last risk parameter file used for collecting margins from commodities traders.  

Also, the regulator modified the framework prescribed for enabling verification of upfront collection of margins from clients in commodity derivatives segment.  

The new framework will be effective from January 15, 2022, the Securities and Exchange Board of India (Sebi) said in a circular.  

The regulator, in November 2019, had mandated that the cut-off time for the purpose of determining minimum threshold of margins to be collected by members from their clients will be 5 pm for commodity derivative contracts that are traded beyond banking hours.  

Market research industry to touch $4.2 bn by FY26: Report  

The market research industry is on course to grow 12-14 per cent annually till FY26 to cross the USD 4-billion mark, according to a report.  

As per the report by Market Research Society of India, the industry was USD 2.1 billion in FY21 and is on course to double to USD 4.2 billion by FY26, driven by the fact that the country is the global analytics hub.  

Working for international markets accounts for three-fourths of its revenue of the industry that employs over 1.25 lakh personnel.  

In FY21, marketing analytics services accounted for 52 per cent of the total industry revenue, while traditional market research and syndicated/publishing services brought 32 per cent and 16 per cent, respectively.  

Rategain IPO listing on Friday; experts predict modest debut  

RateGain IPO is all set to be listed on the bourses on Friday, December 17, 2021, as per discount broker Upstox. The Initial Public Offering (IPO) was subscribed 17.41 times on the last day on December 9, 2021.   

Ahead of the listing, market expert is of the view that the IPO may see a moderate listing as the company has incurred losses in the last two years due to Covid 19.  

Among the leading distribution technology companies globally and the largest Software as a Service (SaaS) company in the hospitality and travel industry in India, the public offer of RateGain surged on the final day after being subscribed only 75 per cent of the total quota.    

FII & DII Data:  

Foreign portfolio investors (FPIs) remained net sellers for Rs 1468.71 crore in the Indian markets while Domestic Institutional Investors (DIIs) were net buyers to the tune of Rs 1533.15 crore, provisional data showed on the NSE.  

Stocks under F&O ban on NSE    

Two stocks: Escorts and Idea are placed under the F&O ban on Friday. Securities in the ban period under the F&O segment include companies in which the security has crossed 95 percent of the market-wide position limit.  

(With inputs from PTI, Reuters and other agencies)  

(Disclaimer: The views/suggestions/advices expressed here in this article is solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)