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Nifty to take out 5,410 in May: Deven Choksey

The one millionth vehicle, a red colored A-star, left the Mundra coast line along with 2,200 other vehicles for various international destinations including Switzerland, Malta, Sweden in Europe and Algeria, Egypt and Morocco in the non-European destinatio

A Barnes & Noble bookstore in New York.
A Barnes & Noble bookstore in New York.
Indian equities have been range bound in April but analysts hope the Nifty index to take out key resistance levels in May. Deven Choksey of KR Choksey Securities says the uncertainty around issues such as the general anti-avoidance rule or GAAR and focus on pushing reforms might boost investor sentiments in May.Edited excerpts:Market outlook: Optimistic that the Nifty will cross the barrier of 5,340-5,410 in May. The range may be 5,1...
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