Equity strategist Kranthi Bathini of Wealth Mills Securities, said as the FIIs have already withdrawn a substantial amount of funds from the Indian market already, the selling pressure is going to be limited.
Budget over, bulls back faster, higher, stronger
The NSE Nifty rose 428.75 points, or 1.76%, to close at a record of 24,834.85. The index hit a lifetime high of 24,861.15 during the