After April's 8% gains, Nifty bulls look to ride May's positive seasonality on DII support

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Indian stock markets are poised for a positive May, following an 8% gain in April, with historical data showing a bullish trend for the month. Domestic institutional investors (DIIs) have consistently provided support, often counterbalancing volatile foreign institutional investor (FII) flows. This DII strength is expected to aid market stability as May begins.