The Sensex gains 460 points, the Bank Nifty rises 0.45%, and the Nifty closes above 18400; M&M is the greatest gainer.
Today's News on the Stock Market | Sensex, Nifty, and Share Prices LIVE: As the local Indian indices NSE Nifty and BSE Sensex close higher, bulls make a comeback, ending a two-day downward trend.
The Sensex gains 460 points, the Bank Nifty rises 0.45%, and the Nifty closes above 18400; M&M is the greatest gainer.
Despite a flat opening, the Nifty rose more than 150 points to close at 18,420, surpassing 18,400. The Sensex closed the day up 0.76 percent at 61,806. The Nifty Junior or Nifty Next 50 rose by approximately 1 percent when the entire market went from red to green intraday.
With a rise of 1.59 percent today, the Nifty Auto was the industry's highest gainer. The first public offering (IPO) of KFin Technologies began today with a price range of Rs. 347-366 per share and was subscribed for 0.49 times.
The greatest challenge for Nifty is 18,888 " "Wall Street witnessed an unexpectedly bullish day characterized by short covering and value buying. Except for IT, all other sectoral indexes closed in the green, with the highest increases occurring in the auto and consumer packaged goods sectors. . net/YwotbKdP4sVunJGfdhmgww/e8f260a6-84bf-4222-a093-e1ef14e44c00/ The release of the RBI MPC meeting minutes from the 21st of December will be widely monitored. Technically, the smallest barrier for the Nifty is 18,888 points. The market will be looking for signals about the inflation environment and the RBI's policy in the coming months.
Expect the uptrend to continue "Our markets have been rather calm so far this month. After a substantial advance over the preceding three or four months, the market frequently experiences a time correction. We feel that the range between 18000 and 17800 should be seen as a sacred support, and we expect the upward trend to continue in the near future. Given the placement of the Midcap index to conclude 2022 on a high note, we may observe some dramatic shifts at the larger end of the spectrum.

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