The Sensex advances by 460 points, the Bank Nifty rises by 0.45%, and the Nifty finishes above 18400; M&M is the greatest gainer.
Share Market News Today | Sensex, Nifty, and Share Prices LIVE: Local Indian indices NSE Nifty and BSE Sensex close higher, signaling the end of a two-day losing streak for bulls.
The Sensex advances by 460 points, the Bank Nifty rises by 0.45%, and the Nifty finishes above 18400; M&M is the greatest gainer.
The Nifty rose more than 150 points to settle at 18,420, exceeding 18,400 despite a flat opening on the markets. The Sensex closed the day at 61,806, up 0.76 percent. When intraday market conditions shifted from red to green, the Nifty Junior or Nifty Next 50 rose by roughly 1%.
With a rise of 1.59 percent on the day, the Nifty Auto was the highest industry gainer. The initial public offering (IPO) of KFin Technologies began today with a price range of Rs. 347-366 per share, and 0.49 times were subscribed.
18,888" represents Nifty's greatest obstacle "The day on Wall Street was surprisingly bullish, with short covering and value buying dominating the market. Except for the IT index, all other sectoral indices ended in the green, with the auto and consumer packaged goods indices showing the greatest increases. . net/YwotbKdP4sVunJGfdhmgww/e8f260a6-84bf-4222-a093-e1ef14e44c00/ The 21st of December release of the RBI MPC meeting minutes will be attentively monitored. Technically, the Nifty's lowest hurdle is 18,888.
Anticipate the upswing to continue "So far in December, our markets have been relatively calm. After a big advance over the preceding three to four months, the market frequently undergoes a time correction. We feel that the range between 18000 and 17800 should be regarded as a sacred support, and we anticipate that the upward trend will shortly resume. Given the placement of the Midcap index to conclude 2022 on a high note, we may witness some dramatic shifts at the larger end of the spectrum.
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