Underlying Index Performance: The primary driver is the performance of the Nifty 100 Quality 50 Index, which MOVALUE.NSE tracks. Higher index values generally lead to higher ETF prices.

Supply and Demand: Like all ETFs, MOVALUE.NSE's price fluctuates based on buying and selling pressure in the market. Increased demand pushes the price up, while increased selling pressure pulls it down.

Net Asset Value (NAV): The NAV is the per-share value of the ETF's underlying assets. While the market price can deviate, it generally stays close to the NAV. Significant NAV changes affect the ETF price.

Expense Ratio: The expense ratio is the annual fee charged to manage the ETF. While it doesn't directly impact the daily price, a higher expense ratio can slightly reduce long-term returns, potentially affecting investor sentiment and demand.

Trading Volume & Liquidity: Higher trading volume generally indicates better liquidity, making it easier to buy and sell shares at a fair price. Low liquidity can lead to wider bid-ask spreads and potentially impact price.

Market Sentiment: Overall market sentiment, especially towards Indian equities and the specific sectors represented in the Nifty 100 Quality 50 Index, can influence MOVALUE.NSE's price.

Tracking Error: This measures how closely the ETF's returns mirror the index's returns. Higher tracking error can deter investors, potentially affecting demand and price.

Macroeconomic Factors: Economic indicators like GDP growth, inflation, interest rates, and currency fluctuations can impact the performance of the underlying companies in the index and, consequently, the ETF price.

Global Events: Global events, such as geopolitical tensions, economic crises, or changes in international trade policies, can influence investor sentiment and affect the Indian stock market, impacting MOVALUE.NSE.