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 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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Bank of Japan surprises the markets

This is the FT News Briefing podcast episode's audio transcript: Markets are stunned by Bank of Japan. Jennifer Smith From the Financial Times, good morning. Today is December 21st, a Wednesday. This concludes the FT News Briefing. Markets shook when Japan's central bank finally gave in. The line for refunds is being pushed forward by a group of FTX clients. Tom Wilson of the FT also takes a look back at the eventful year in the energy markets. Wilson, Tom I mean, this chapter would actually be called "Russia" there, wouldn't it? Jennifer Smith The news you need to start your day is presented by me, Jess Smith, who is filling in for Marc Filippino. Markets were alarmed by the Bank of Japan's unexpected change in monetary policy. The central bankers of Japan had long maintained an ultra-loose monetary policy and refused to raise interest rates with other central banks. However, BOJ officials, including governor Haruhiko Kuroda, announced Wednesday that they wil...

Futures fall after key averages open lower.

Stock futures dipped Tuesday morning after the BOJ widened its yield target range. Dow futures fell 236 points (0.72%). S&P 500 futures lost 0.86 and 1.05 percent. The Dow fell 162 points, or 0.5%, on Monday. S&P 500 declined 0.9% and Nasdaq Composite lost 1.5%. Stocks are set to conclude the month and year in the red, and investors' dreams for a Santa Claus bounce are evaporating. No Santa yet. Louis Navellier, founder of Navellier & Associates, remarked, "buckle up." "One hopes the awful news is over. No Fed moves until February. We're not gapping down but not recouping last week's losses." Investors feared the Fed may cause a recession. The central bank boosted its benchmark interest rate by 50 basis points last week and said the terminal rate might reach 5.1%. The European Central Bank raised rates and forecast future hikes last week, further pressuring traders. Over 90% of central banks raised interest rates this year, a (largely) global...

The dollar makes slight gains while investors mull over the outlook for interest rates and the economy.

There will be a multitude of significant decisions made by central banks the following week, including those made by the Federal Reserve, the European Central Bank, and the Bank of England. The most important concern for traders and investors is whether or not inflation has hit its maximum level, which would provide policymakers greater leeway to implement interest rate hikes of a more moderate nature over the next few months. The monthly consumer inflation reading for the United States is also due the following week; it will be released on December 13, one day before the Fed's policy meeting on that day, and it may play a vital role in determining longer-term expectations for monetary policy. According to Adam Cole, a currency analyst at RBC, "U.S. CPI is the one data release that seems to really important for broader dollar direction at the moment," and "until we have those central bank meetings and one key monthly U.S. data release, not a great deal is occurring....

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