New Delhi, Nov. 13 -- The Nifty could reclaim its all-time high over the next two to three months, provided domestic and global conditions remain supportive, but a sustained rally will depend on broader participation from mid-cap and small-cap stocks and a decline in crude oil prices, Ajit Mishra, Senior Vice President, Research, Religare Broking, told ANI.

Mishra said the domestic market has witnessed a sharp recovery in recent weeks, bringing the benchmark index close to its previous record levels. However, he said the next phase of the rally would require participation beyond select large-cap and quality stocks.

He said, "If everything is aligned, then probably maybe 2-3 months is something that we might see a new high, but more impo...