10 mid and smallcap stock ideas for May that can rally up to 55%

Equity markets are expected to continue their uptrend after a decent show in April. Most analysts expect the benchmark Nifty to march towards 18,300 and 18,400 during the month. In this scenario, Axis Securities has picked 10 small and midcap stocks for May that can rally up to 55%. The brokerage’s top picks basket has delivered 3.6% returns in April, marginally higher than the benchmarks.

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