Sensex soars 460 points, Bank Nifty rises 0.45%, and Nifty finishes above 18400; M&M wins.

Sensex, Nifty, and Share Prices Today LIVE: Bulls end a two-day losing streak as NSE Nifty and BSE Sensex rise.

The Nifty rose 150 points to 18,420 despite a flat beginning. Sensex gained 0.76 percent at 61,806. The Nifty Junior or Next 50 rose nearly 1% as intraday markets turned green.

Nifty Auto gained 1.59% today and led the industry. KFin Technologies' IPO launched today with a price range of Rs. 347-366 per share.

18,888 is Nifty's biggest hurdle "Wall Street was positive due to short covering and value buying. All sectoral indexes except IT ended in the green, with auto and FMCG reporting the most gains. . net/YwotbKdP4sVunJGfdhmgww/e8f260a6-84bf-4222-a093-e1ef14e44c00/ The 21 December RBI MPC minutes will be widely monitored. In the following months, the market will be looking for signals concerning inflation and the RBI's policy.

Continue to look up "December markets have been quiet. After a three- or four-month rally, the market often corrects. We see 18000–17800 as a key support range and expect the trend to continue. Given the placement of the Midcap index to complete 2022 on a high note, we may see some flashy developments.

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Executives involved in a $1.5 billion South Korean crypto exchange fraud have been imprisoned.

The latest court action brings the total number of V Global executives behind bars to seven, after the CEO was previously sentenced to 22 years in prison. Six executives were sentenced to up to eight years in prison for their roles in the $1.5 billion (2 trillion won) South Korean crypto exchange fraud V Global, but three were not detained so they could fight certain charges in court. V Global ran from July 2020 to April 2021, attracting approximately 50,000 investors by promising 300% returns as well as sizable payments for referring new customers. According to a translation of Dec. 26 reports from South Korean media outlets such as Economist.co.kr, two high-ranking executives named Mr. Yang and Mr. Oh were sentenced to eight and three years in prison, respectively, for their roles in defrauding investors. Another four unnamed executives were sentenced to three years in prison and five years on probation. Three of the six have not yet been detained because they have claimed innocence ...

Putin's plan to change the way the world economy works runs into trouble.

The European Union, the G7, and Australia agreed a few days before December 5 to cap the price of Russian oil shipped by sea at $60 per barrel. This was the start of a new phase in the economic war between Russia and the West. The price cap may be one of the most important responses to Russia's use of its energy reserves as weapons since the start of its full-scale invasion of Ukraine, but most people don't understand what it means or what it hopes to accomplish. Many people seem to think that the price cap is a way to stop Russian crude exports, but that is not at all the case. On the contrary, it wants to make sure that they keep flowing even though regulations and sanctions are getting tighter and tighter, but not to Western markets. Since February, China, India, and many other third countries have been buying large amounts of crude oil from Russia at very low prices. They can still do this. The goal of the cap is not to stop these purchases, but to limit Russia's profit...

Rising wedge means...

Rising wedge Two convergent trend lines form the rising wedge chart pattern. The first trend line in the pattern connects the recent lows and highs. The result is an upturned triangle. Unlike a rising wedge, a falling wedge falls. Because the low has surpassed the high and the lower trend line is steeper, the rising wedge pattern is bearish. The only differences between the falling wedges are the triangle's slant and the pattern's inference. The rising wedge pattern predicts falling prices or a breakout to a downtrend, and trading volume drops as the wedge progresses. Even if the wedge is still capturing price action and advancing, decreasing volume may indicate sellers are preparing for a negative breakout. Causes and signs of rising wedge The rising wedge pattern follows long trends. It's useful for trading cryptocurrencies. The wedge pattern may signal a trend reversal if a crypto trend has advanced too quickly and far. Buyer-seller imbalances cause major trends. Buyers ...

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