Skip to main content

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.

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.

.net/YwotbKdP4sVunJGfdhmgww/e8f260a6-84bf-4222-a093-e1ef14e44c00/

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.

Comments

Popular posts from this blog

Top UK Trading Platforms And Apps For 2022! -ForexIntels

Currency trading is popular all over the world. This course will concentrate on the  United Kingdom , where the use of trading applications and platforms is increasing.   UK  inhabitants notice the enormous amount of trading and attempt to profit from it. Currency trading is difficult because newbies run the danger of being misled and manipulated on sham platforms.   Scammers may now set up platforms to steal people's money thanks to technical advancements. If you don't know how to evaluate the credibility of trading platforms, you're likely to be duped. Before you begin trading, make certain that the platform is licensed by trustworthy regulators. If the rules aren't stated at the bottom of a webpage, you're most likely dealing with a scammer.   If the trading platform is trustworthy and licensed, you can deposit funds and begin trading. When it comes to trading exchanges and applications, UK residents have a lot of possibilities.   The safest apps and pl...

Fed Chair Powell Says He Has ‘No Intention’ Of Banning Crypto

  U.S. Federal Reserve Chairman Jerome Powell said he does not intend to ban cryptocurrencies, but said stablecoins need greater regulatory oversight. Powell made the comments in a two-hour long House Financial Services Committee meeting on Thursday. The meeting, meant to serve as a forum for representatives to ask Treasury Secretary Janet Yellen and Powell about the Treasury Department’s and Federal Reserve’s pandemic response, featured several questions about cryptocurrencies. Rep. Ted Budd (R-N.C.), a longtime proponent of crypto and a member of the Congressional Blockchain Caucus, asked Powell to clarify statements he had made during a July hearing that the development of a U.S. central bank digital currency (CBDC) could undercut the need for private crypto and stablecoins. When asked by Budd directly whether or not he intended to “ban or limit the use of cryptocurrencies,” Powell’s response was a resounding “No.” “[I have] no intention to ban them,” he said.   Powell’s r...

Ethereum reports that the Merge Upgrade was successful.

Ethereum is a decentralized blockchain technology that enables the execution and verification of smart contracts. Participants can engage in transactions without the requirement for a central authority when using smart contracts. Participants have full ownership and visibility of immutable, verifiable, and securely distributed transaction records. Ethereum accounts send and receive transactions. Senders must sign transactions and pay in Ether for the network to process them. According to Ethereum, the Merge upgrade was successful, and there will be more. The Merge is a significant step toward reducing the amount of power required by the Ethereum blockchain, but other improvements are still in the works. The Ethereum Foundation reports that the final phase of the Paris upgrade was completed at 2:45 p.m. Hong Kong time, bringing an end to the lengthy wait for the Ethereum network upgrade. The Merge will cause the architecture of the second-largest blockchain in the world, with a market v...