At 11:53 hours IST - consistent buying in financial, capital goods, FMCG, metal and auto companies' shares along with heavyweights ONGC & NTPC pushed the benchmark Nifty above 5,750 level. Short covering could be a reason behind this uptrend, ahead of RBI's quarterly policy meet tomorrow.
Ambareesh Baliga of Karvy Stock Broking says though he sees chances of a pullback rally, but that wouldnDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!