The Sensex rises 460 points, the Bank Nifty rises 0.45%, and the Nifty closes above 18400; M&M is the largest winner.

Sensex, Nifty, and Share Prices Today LIVE: Bulls stage a comeback, snapping a two-day losing streak, as the NSE Nifty and BSE Sensex conclude higher in India.

Despite the market's flat opening, the Nifty rose more than 150 points to close at 18,420, exceeding 18,400. The Sensex finished the day up 0.76% at 61,806 points. When the entire market went from red to green intraday, the Nifty Junior or Nifty Next 50 gained over 1%.

Nifty Auto led the industry gainers today, gaining 1.59%. The first public offering (IPO) of KFin Technologies began today with a price range of Rs. 347-366 per share and was subscribed to 0.49 times.

The biggest barrier for the Nifty is 18,888." "Short covering and value buying dominated the market on awal Street, resulting in an unexpectedly strong day. With the exception of IT, all other sectoral indexes closed in the black, with the auto and FMCG indices showing the highest increases. .

net/YwotbKdP4sVunJGfdhmgww/e8f260a6-84bf-4222-a093-e1ef14e44c00/ The minutes of the December 21 RBI MPC meeting will be thoroughly scrutinized. In the coming months, the market will be looking for clues about the inflationary environment and the RBI's approach. Technically, 18,888 is the smallest barrier for the Nifty.

Expect the positive trend to continue "So far in December, our markets have been pretty quiet. The market frequently experiences a time-correction after a big advance during the previous three or four months. We feel that the 18000-17800 range should be regarded as a sacred support, and we anticipate that the upward trend will continue in the near future. Given the Midcap index's location to conclude 2022 on a high note, we may see some showy developments in the broad end of the spectrum.

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