Indian share markets witnessed positive trading activity throughout the day today and ended on a strong note.

Benchmark indices snapped two days of losses and witnessed sharp gains today as global fears of a significant impact on economic recovery owing to Omicron variant receded.

Dr. Anthony Fauci, the top US infectious disease official, said that it does not look like Omicron has a 'great degree of severity.'

Further, investors lapped up banking shares a day ahead of the MPC (Monetary Policy Committee) meeting outcome.

At the closing bell, the BSE Sensex stood higher by 887 points (up 1.6%).

Meanwhile, the NSE Nifty closed higher by 264 points (up 1.6%).

Power Grid Corp and ONGC were among the top gainers today.

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

The SGX Nifty was trading at 17,216, up by 259 points, at the time of writing.

The BSE Mid Cap index and the BSE Small Cap index ended up by 1.3% and 1.1%, respectively.

On the sectoral front, gains were largely seen in the metal sector, realty sector and banking sector.

Shares of Torrent Power and Tanla Platforms hit their respective 52-week highs today.

Asian stock markets ended on a positive note today.

The Hang Seng and the Shanghai Composite ended up by 2.7% and 0.2%, respectively. The Nikkei ended up by 1.9% in today's session.

US stock futures are trading on a firm note today with the Dow Futures trading up by 302 points.

The rupee is trading at 75.44 against the US$.

Gold prices for the latest contract on MCX are trading up by 0.1% at Rs 47,960 per 10 grams.

Stock markets across the world have been jittery over the past few days. And there is a possibility of more negative news derailing the Covid recovery joyride.

But if you thought that stock markets will soon take this new fear in its stride and will glide through 2022...you could be wrong!

Rather some amount of preparation for a stock market pandemic in 2022 could prove to be very profitable in the difficult months ahead.

In news from the IT sector, Tanla Platforms was among the top buzzing stocks today.

Shares of Tanla Platforms were locked at 5% upper circuit at Rs 1,675.9 on the BSE today after the company and Vodafone Idea (Vi) entered into a partnership to deploy patented block-chain enabled Wisely Platform to manifold increase ROI for global enterprises. This was also the shares' record high level.

Tanla, a leading CPaaS provider and Vodafone today announced a partnership wherein Tanla will be the exclusive provider of solutions to secure, encrypt and enhance performance for the entire international messaging traffic on the Vi network. India's international messaging market is estimated to be around Rs 35 bn annually.

Vodafone's pact with Tanla comes at a time when its rivals are also betting big on blockchain solutions.

In fact, at a recent event Mukesh Ambani, chairman of Reliance Industries-parent company of Reliance Jio, said 'Blockchain is very important for a trust-based, equitable society'.

Mr. Uday Reddy, founder chairman of Tanla Platforms, said:

Our partnership with Vi, powered by Wisely platform, is a massive step forward to lead the global digital interactions space.

Wisely platform is a win-win proposition for all stakeholders - consumers, global enterprises, suppliers, and regulators, as we are committed to innovate with the entire ecosystem in mind.

I am confident this partnership will help expand our global footprint by addressing the needs of global enterprises not just in India but across the world.

Wisely, co-developed with Microsoft, offers a digital marketplace bringing together enterprises and suppliers connected by secure express routes and Microsoft's global network.

Tanla Platforms share price ended the day up by 5% 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.

The service's performance did suffer in the short term after the 2018 crash in smallcaps. However, the long term track record and the post Covid rebound underscores the strength of stock picking process.

Moving on to news from the airline's sector...

Shares of InterGlobe Aviation gained 5% in early trade today after the parent company of India's largest airline, Indigo, said that it will convene a shareholders' meeting to amend Articles of Association (AoA).

The counter climbed to a high of Rs 1,955 as against the previous close of Rs 1,859.1.

Following a joint request from promoters, the meeting will be held on 30 December 2021.

In a statement to the bourses, Indigo said it had received a joint requisition from co-founders Rahul Bhatia and Rakesh Gangwal and his family for removing transfer restriction articles from the AoA.

Bhatia and Gangwal together own a 74.44% stake in the airline.

The extraordinary general meeting (EGM) will seek to remove a clause in the company's AoA, which gives them the right of first refusal over the acquisition of each other's shares.

The removal of the clause will allow either side to sell or transfer shares to a third entity without giving each other a notice.

The move to hold the EGM comes in the wake of a September order by the London Court of international arbitration which directed an amendment to remove the clause regarding the right of first refusal over acquisition.

The UK-based court had provided the concerned parties with 90 days to execute the order.

According to reports, prior agreements had said that the clause was to be valid for four years from the listing of the airline in 2015. However, the clause was not removed within four years as Bhatia and Gangwal were locked in an acrimonious battle regarding corporate governance issues in the airline.

InterGlobe Aviation share price ended the day up by 4.5% on the BSE.