The Sensex goes up by 460 points, the Bank Nifty goes up by 0.45%, and the Nifty ends the day above 18400. M&M is the biggest winner.

Today's Stock Market News | Share Prices, Sensex, and Nifty LIVE: The 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 by 460 points, the Bank Nifty goes up by 0.45%, and the Nifty ends the day above 18400. M&M is the biggest winner.

Even though the markets opened flat, the Nifty rose more than 150 points to close at 18,420, going above 18,400. The Sensex ended the day up 0.76 percent, 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 almost 1%.

With a gain of 1.59%, Nifty Auto was the industry's biggest winner today. The initial public offering (IPO) for KFin Technologies started today, with prices ranging from Rs. 347 to Rs. 366 per share.

Nifty's biggest problem is 18,888 " "Wall Street had an unexpectedly bullish day, with short sellers covering their positions and value buyers buying up stocks. Except for IT, all of the other sectoral indexes ended in the green, with the largest gains coming from the auto and FMCG sectors. . net/YwotbKdP4sVunJGfdhmgww/e8f260a6-84bf-4222-a093-e1ef14e44c00/ People will pay 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 strategy. Technically, the Nifty's smallest barrier is 18,888.

Expect the trend to keep going up "So far in December, our markets have been pretty quiet. After a big rise over the past three or four months, the market often goes through a time-correction. We think that 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 broad end of the market.