Sensex rises by 460 points, Bank Nifty rises by 0.45%, and the Nifty finishes over 18400; M&M is the top gainer.

Sensex, Nifty, and Share Prices Today's Share Market News LIVE: As the local Indian indices NSE Nifty and BSE Sensex close higher, bulls make a comeback, breaking a two-day losing trend.

Sensex rises by 460 points, Bank Nifty rises by 0.45%, and the Nifty finishes over 18400; M&M is the top gainer.

Even though the markets opened flat, the Nifty rose more than 150 points to close at 18,420, topping 18,400. The Sensex gained 0.76% for the day to close at 61,806. When the entire market turned from red to green during the day, the Nifty Junior or Nifty Next 50 rose by around 1%.

Nifty Auto led the industry gainers with a gain of 1.59% today. KFin Technologies' first public offering (IPO), which had a price range of Rs. 347-366 per share and was subscribed for 0.49 times, started today.

Nifty's biggest barrier is 18,888 "Short covering and value buying dominated the market as Awal Street had an unexpectedly strong day. The auto and FMCG indices posted the biggest gains, while all sectoral indexes other than IT closed in the black. . net/YwotbKdP4sVunJGfdhmgww/e8f260a6-84bf-4222-a093-e1ef14e44c00/ It will be carefully observed when the minutes from the RBI MPC meeting on December 21 are made public. Technically, 18,888 is the smallest resistance level for the Nifty, and the street will be watching for clues about the inflation environment and the RBI's approach in the coming months.

Expect the trend to continue up "The beginning of December has seen our markets relatively quiet. The market frequently goes through a time-correction after a big advance during the previous three to four months. The area between 18000 and 17800 should be regarded as a sacred support, in our opinion, and we expect that the upward trend will shortly resume. Given that the Midcap index is positioned to conclude 2022 on a high note, we might see some dramatic changes in the wider end of the spectrum.