The Sensex goes up 460 points, the Bank Nifty goes up 0.45%, and the Nifty finishes above 18400. M&M is the biggest winner.
Today's News on the Stock Market: Sensex, Nifty, and Share Prices LIVE: Bulls make a comeback, ending a two-day losing streak, and both the NSE Nifty and BSE Sensex indices in India close higher.
The Sensex goes up 460 points, the Bank Nifty goes up 0.45%, and the Nifty finishes above 18400. M&M is the biggest winner.
Even though the markets started out flat, the Nifty rose more than 150 points to close at 18,420, going above 18,400. The Sensex ended the day 0.76 percent higher at 61,806. When the whole market went from red to green during the day, the Nifty Junior or Nifty Next 50 went up by nearly 1%.
With a gain of 1.59%, Nifty Auto was the industry's best performer today. The initial public offering (IPO) for KFin Technologies started today. Shares cost between Rs. 347 and Rs. 366, and 0.49 times were bought.
18,888 is the biggest problem for Nifty "Wall Street had an unexpectedly bullish day, with short sellers covering their positions and value buyers buying up shares. Except for IT, all of the other sectoral indexes ended in the green, with the biggest gains coming from the auto and FMCG sectors. . net/YwotbKdP4sVunJGfdhmgww/e8f260a6-84bf-4222-a093-e1ef14e44c00/ People will be paying close attention to the release of the minutes from the RBI MPC meeting on December 21. In the coming months, the market will be looking for clues about inflation and the RBI's plans. Technically, the Nifty's smallest barrier is 18,888.
Expect the upswing to continue "So far in December, our markets have been rather quiet. After a big uptrend over the past three or four months, the market often goes through a time-correction. We think the range between 18000 and 17800 should be seen as a sacred support, and we expect the trend to keep going up soon. Given where the Midcap index is placed to end 2022 on a high note, we might see some big changes in the larger end of the market.

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