The Indian markets ended Thursday’s session on a positive note amid multiple positive triggers. The BSE Sensex gained over 775 points, while Nifty50 reclaimed 17400-mark at the market close as IT, metal, and auto stocks surge.   

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S Ranganathan, Head of Research at LKP securities said, “Bulls held the upper hand today as Indices sprinted over a percentage led by the IT Index during afternoon trade.”  

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“As the volatility index cooled off today, we witnessed stock-specific action across sectors in the broader markets buoyed by GDP & GST data together with cooling Energy prices. Advance - Declines showed a marked improvement with most of the sectoral indices ending in the green,” he added.  

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:  

All major Wall Street indices ended in the green on Thursday. Dow Jones gained 618 points or 1.82% to 34,639.79, Nasdaq Composite ended 0.83% higher or 127 points up to 15,381.32, while S&P 500 Index settled for 4,577.10 after gaining 1.42% or 64.06 higher on Thursday's closing. 

Asian Markets:  

The Asian markets were trading mixed this morning. Nikkei 225 index was down 0.13% or 35 points to 27, 718, Hang Seng Index shed 243 points to 23,545 and Shanghai Composite was up 0.10% at 3,577 around 7.15 am. 

SGX Nifty:  

SGX Nifty Futures were trading in negative by 55 points to 7,391.00 around 7.20 am IST, hinting at flat to weak opening for the Indian markets.   

Oil rallies as OPEC meets, but supply glut looms  

OPEC and its allies agreed on Thursday to stick to their existing policy of monthly oil output increases despite fears that a U.S. release from crude reserves and the new Omicron coronavirus variant would lead to a fresh oil price rout.  

Benchmark Brent crude fell more than $1 after the deal was reported, before recovering some ground to trade around $68 a barrel. It is now well below October`s three-year highs above $86 but still more than 30% up on the start of 2021. [O/R]  

The United States has repeatedly pushed OPEC+ to accelerate output hikes as U.S. gasoline prices soared and President Joe Biden`s approval ratings slid. Faced with rebuffals, Washington said last week it and other consumers would release reserves.  

Star Health’s IPO sees 79% subscription on final day  

Star Health and Allied Insurance Co Ltd`s initial public offering (IPO) failed to get fully subscribed by the close of bidding on Thursday, signalling weak investor demand for India`s third-biggest listing this year.  

The IPO of the country`s largest private health insurance firm was subscribed just 79%, getting bids worth $427.37 million, despite it extending the subscription period for its offering.  

Backed by billionaire stock investor Rakesh Jhunjhunwala, the company had priced its 72.49 billion rupees ($968.82 million) IPO between 870 rupees and 900 rupees per share.  

Anand Rathi Wealth IPO subscribed 1.60 times on Day 1   

The initial public offer of Anand Rathi Wealth Limited, part of Mumbai-based financial services group Anand Rathi, was fully subscribed on the first day of subscription on Thursday.  

The Rs 660-crore initial share-sale received bids for 1,36,00,818 shares against 84,75,000 shares on offer, translating into 1.60 times subscription, according to NSE data.  

The category for Retail Individual Investors (RIIs) received 2.45 times subscription, non-institutional investors portion garnered 1.93 times subscription and Qualified Institutional Buyers (QIBs) 1 per cent.  

Rupee slips 12 paise to close at 75.03   

The rupee on Thursday slipped 12 paise to close at 75.03 against the US dollar, weighed by uncertainties over the Omicron variant of the coronavirus.  

At the interbank foreign exchange market, the local currency opened at 75.06 and witnessed an intra-day high of 74.90 and a low of 75.07 against the US dollar. The local unit finally settled at 75.03, down 12 paise over its previous close of 74.91.  

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.01 per cent up at 96.03. Meanwhile, Brent crude futures, the global oil benchmark, advanced 2.99 per cent to USD 70.45 per barrel.  

Sebi asks stock brokers to disclose investors charter  

Markets regulator Sebi on Thursday asked stock brokers to disclose investors charter as well as data pertaining to complaints they received on their websites.  

The new guidelines will come into effect from January 1, 2022, the Securities and Exchange Board of India (Sebi) said in a circular.  

In order to facilitate investor awareness about several activities which an investor deals with such as opening of account, KYC and in-person verification, process for dematerialisation and complaint resolution, Sebi, in consultation with the market participants, has prepared an investor charter for stock brokers.  

Sugar mills won’t sign export contracts amid global prices fall: ISMA  

Indian sugar mills are not signing further export contracts in the ongoing 2021-22 marketing year due to a fall in global prices to below 20 cents per pound level, industry body ISMA said on Thursday.  

Given the high cost of sugar production due to the increase in local cane price and prevailing domestic ex-mill prices of sugar, millers may enter the global market for further export of sugar only after international prices rose to around 21 cents per pound, it said.  

FII & DII Data:  

Foreign portfolio investors (FPIs) remained net sellers for Rs 2765.84 crore in the Indian markets while Domestic Institutional Investors (DIIs) were net buyers to the tune of Rs 3467.02 crore, provisional data showed on the NSE.  

 (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.)