The Sensex gained 460 points, the Bank Nifty rose 0.45 percent, and the Nifty ended the day at above 18400. The biggest gainer was M&M.

Market Update: Sensex, Nifty, and Share Prices for Today LIVE: The local Indian indices, NSE Nifty and BSE Sensex, close higher, signaling a rebound by bulls and the conclusion of a two-day losing trend.

M&M is the biggest winner as the Sensex rises 460 points, the Bank Nifty rises 0.45%, and the Nifty settles above 18400.

Even though markets opened flat, the Nifty ended the day up more than 150 points, at 18,420. The Sensex finished the day up 0.76 percent, at 61,806. When market sentiment shifted from bearish to bullish during the trading day, the Nifty Junior, also known as the Nifty Next 50, rose by roughly 1 percent.

Nifty Auto's 1.59 percent increase made it the day's top performer among industry indices. The first public offering (IPO) of KFin Technologies, at a price range of Rs. 347-366 per share, opened for subscription today and was subscribed for 0.49 times.

Nifty faces a major challenge of 18,888 "Shorts were covered and value purchases were popular on Wall Street, creating an unexpectedly positive day. Except for information technology, every other market index closed higher, with the highest increases seen in the auto and fast-moving consumer goods markets. . net/YwotbKdP4sVunJGfdhmgww/e8f260a6-84bf-4222-a093-e1ef14e44c00/ A lot of eyes will be on the minutes from the RBI MPC meeting on December 21. Specifically, the Nifty's smallest hurdle is at 18,888, so market participants will be watching for clues about the inflation environment and the RBI's approach in the coming months.

The current upswing is expected to continue "So far in the month of December, our markets have been relatively calm. Time-corrections are common after a sustained advance in the market, say, three or four months. We think the area between 18000 and 17800 is significant enough to be considered a floor, and we expect the upward trend to continue in the near future. Given the positioning of the Midcap index, we may see some dramatic shifts in the upper end of the market as 2022 comes to a close.

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