Indian share markets witnessed volatile trading activity throughout the day today and ended marginally higher.

Frontline indices whipsawed around the flat line today as tepid economic data back home and sombre global mood hit sentiment.

At the closing bell, the BSE Sensex stood higher by 85 points (up 0.1%).

Meanwhile, the NSE Nifty closed higher by 45 points (up 0.3%).

Tata Steel and JSW Steel were among the top gainers today.

Wipro and Asian Paints, on the other hand, were among the top losers today.

The SGX Nifty was trading at 18,301, up by 85 points, at the time of writing.

The BSE Mid Cap index and the BSE Small Cap index ended up by 0.4% and 0.5%, respectively.

Sectoral indices ended on a mixed note with stocks in the metal sector, engineering sector and power sector witnessing most of the buying interest.

Realty stocks, on the other hand, witnessed selling pressure.

Shares of Adani Transmission and Sun Pharma hit their respective 52-week highs today.

Asian stock markets ended on a mixed note today.

The Hang Seng ended up by 0.1%, while the Shanghai Composite ended down by 1.2%. The Nikkei ended down by 1% in today's session.

US stock futures are trading on a flat note today with the Dow Futures trading up by 4 points.

The rupee is trading at 73.88 against the US$.

Gold prices for the latest contract on MCX are trading up by 0.1% at Rs 47,843 per 10 grams.

Moving on to the stock-specific news, Adani Group Stocks were among the top buzzing stocks today.

POSCO and the Adani Group together will be investing up to US$5 bn and have agreed to explore business cooperation opportunities, including the establishment of green, environment-friendly integrated steel mill at Mundra, Gujarat, as well as other businesses.

The non-binding MoU signed between POSCO and Adani will see further collaboration at the group business level in various industries such as renewable energy, hydrogen, and logistics in response to carbon reduction requirements.

Both the parties are examining various options to cooperate and leverage the technical, financial, and operational strengths of each company.

The collaboration includes evaluating a joint integrated steel mill at Mundra, Gujarat, based on POSCO's state-of-the-art technology and cutting-edge R&D capability, said Adani in its release.

POSCO and Adani intend to utilize renewable energy resources and green hydrogen, in line with both partners' environmental, social, and governance (ESG) commitments to sustainability and energy efficiency.

POSCO and Adani have also signed a MoU with the Government of Gujarat for support and cooperation from the Government for the collaboration.

POSCO operates POSCO-Maharashtra, a 1.8-million-ton cold-rolled and galvanized mill regarded as the most advanced automotive steel supplier in India, and four processing centers in Pune, Delhi, Chennai, and Ahmedabad.

How this pans out remains to be seen.

Moving on to news from the pharma sector...

LIC Picks Up Stake in This Healthcare Stock

The recent shareholding pattern released by Dr Lal PathLabs on the BSE showed that insurance giant Life Insurance Corporation of India (LIC) has picked up stake in the healthcare company during the October-December 2021 period.

Shares of Dr Lal PathLabs surged over 2% at Rs 3,765 apiece on the BSE in today's early deals.

LIC name has appeared in the December shareholding of Dr Lal PathLabs as it has bought 1.12% stake or 9.3 lakh equity shares in the diagnostic services provider during the third quarter of the current fiscal, BSE data showed.

The state-owned insurer and investment giant did not hold any stake in the firm as of the previous quarter of July-September 2021 period.

On the other hand, mutual funds (MFs) have increased their holding in the company as their stake stands at 3.34% or 27.8 lakh shares as of December end.

Dr Lal PathLabs shares have surged over 55% in a year's period whereas the stock is up over 6% in the last six months as compared to a 16% rise in benchmark Sensex.

One of India's top diagnostic chains, the company has locations for its diagnostic laboratory services with over 5000+ diagnostic tests and related healthcare tests and services offered.

Dr Lal PathLabs share price ended the day up by 0.9% on the BSE.

Speaking of the stock markets, a right investing process can help you win in the long term. It might offer some unexpected and undesirable results in the short term but lets you fare well when you average the outcomes.

According to Richa Agarwal, Senior Research Analyst at Equitymaster, any investment process should not be judged based on individual outcomes. Instead, it should have stood the test of the time.