- Markets rise but BSkyB and RSA limit upside- Media stocks in focus after BT-UEFA deal- Investors continue to speculate about Fed tapertechMARK 2,646.21 +0.22%FTSE 100 6,725.09 +0.25%FTSE 250 15,395.41 +0.35%Decent gains in the financial sector helped UK markets higher on Monday morning, though the upside was limited by heavy falls from blue chips BSkyB and RSA.A lack of newsflow on the macroeconomic front is expected to keep financial markets quiet today, due to bank holidays in a number of regions. Investors will be using today's session to digest a "particularly chaotic" end to last week, according to Market Analyst Craig Erlam from Alpari UK, after a rate cut in Europe and better-than-expected economic figures in the US.Erlam said: "Bank holidays in the US, Canada and France are expected to significantly reduce trading volumes on Monday. All markets will still be open for trading, although many traders will not be at their desks."A significant pick-up in US growth in the third quarter along with a much stronger-than-anticipated jobs report for October has now reignited fears that the Federal Reserve could move to taper quantitative easing before the end of the year. Nevertheless, the Dow Jones Industrial Average still hit a fresh record high on Friday as markets showed optimism that the economic recovery may be resilient enough to withstand a reduction in stimulus. As such, stock futures Stateside are pointing to a flat start on Wall Street on Monday, which is also likely to cap gains this side of the Pond.BSkyB drops after BT UEFA win, broker downgradeIn a major blow to BSkyB and ITV, telecoms group BT confirmed that it has won the exclusive rights to broadcast live the UEFA Champions League and UEFA Europa League for three seasons. This is the first time a single UK broadcaster has won the rights to all matches from both tournaments; Sky and ITV share the rights currently. However, the share price of BT was subdued with some suggesting that the £299m-a-season the company is paying to secure the rights is higher than expected.Nevertheless, BSkyB was the worst hit this morning after Nomura downgraded its rating for the stock from 'buy' to 'reduce', saying that BT's willingness to overpay for the UEFA deal is "worrying for Sky and a bad sign for the next Premier League auction".RSA Insurance was also a heavy faller after launching an independent review of its financial and regulatory reporting processes and controls following the suspension of its Ireland Chief Executive Officer (CEO) and two of his senior executives. The company said the suspensions were as a result of "issues in the Irish claims and finance functions" identified during a routine internal audit. Leading the risers on the FTSE 100 was Shire after agreeing to pay $4.2bn for US biopharmaceutical firm ViroPharma, which it described as a "strategic move" to strengthen its rare disease portfolio.Financials were also performing well this morning with fund manager Aberdeen and financial services firm Schroders making impressive gains. Banking peers Lloyds, Standard Chartered and RBS were also heading higher, with the latter helped by a target-price upgrade from Jefferies. The broker downplayed recent fears after the creation of the internal 'bad bank'.Platinum miner Lonmin was also higher this morning after full-year production totalled 696,000 ounces, well ahead of its guidance for 660,000. The company also said that underlying profit before tax jumped from $57m to $158m.FTSE 100 - RisersShire Plc (SHP) 2,911.00p +4.11%Aberdeen Asset Management (ADN) 438.90p +3.96%Royal Bank of Scotland Group (RBS) 333.30p +3.35%Schroders (SDR) 2,519.00p +3.32%Tullow Oil (TLW) 926.00p +2.77%Mondi (MNDI) 1,046.00p +2.65%Lloyds Banking Group (LLOY) 76.59p +1.90%Standard Chartered (STAN) 1,511.50p +1.89%International Consolidated Airlines Group SA (CDI) (IAG) 382.70p +1.54%ARM Holdings (ARM) 955.00p +1.49%FTSE 100 - FallersBritish Sky Broadcasting Group (BSY) 840.50p -9.62%RSA Insurance Group (RSA) 109.60p -9.27%Anglo American (AAL) 1,471.00p -1.44%Rio Tinto (RIO) 3,274.00p -1.36%ITV (ITV) 188.00p -1.31%BAE Systems (BA.) 452.10p -1.07%BHP Billiton (BLT) 1,951.50p -0.94%Prudential (PRU) 1,250.00p -0.87%Antofagasta (ANTO) 830.00p -0.78%G4S (GFS) 257.10p -0.77%FTSE 250 - RisersLonmin (LMI) 348.60p +6.25%Workspace Group (WKP) 512.50p +5.02%888 Holdings (888) 160.60p +4.42%Bwin.party Digital Entertainment (BPTY) 126.80p +4.36%African Barrick Gold (ABG) 206.70p +3.71%Fidessa Group (FDSA) 2,096.00p +3.05%Imagination Technologies Group (IMG) 257.40p +2.88%Brewin Dolphin Holdings (BRW) 273.70p +2.74%KCOM Group (KCOM) 102.20p +2.71%Daejan Holdings (DJAN) 4,100.00p +2.50%FTSE 250 - FallersCobham (COB) 269.10p -5.38%CSR (CSR) 477.40p -4.50%Serco Group (SRP) 518.00p -3.72%Redrow (RDW) 265.20p -3.70%Dialight (DIA) 933.00p -1.79%F&C Commercial Property Trust Ltd. (FCPT) 116.50p -1.60%Crest Nicholson Holdings (CRST) 369.50p -1.34%Oxford Instruments (OXIG) 1,265.00p -1.33%Inmarsat (ISAT) 668.00p -1.33%esure Group (ESUR) 225.10p -1.27%BC