The Nifty is very close to its 200-daily moving average (DMA). In an interview with CNBC-TV18, Anil Manghnani of Modern Shares & Stock Brokers says, it a foreign institutional investor (FII) driven rally.
According to him, it would be in FIIsDiscover 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!