At this time 5300 seems attainable: Prakash Diwan

In an interview with ET Now, Prakash Diwan, Head-Institutional Business, Networth Stock Broking talks about the market outlook.

In last 3 months Nifty has failed to scale up beyond 5200, do you think this time around it really could be different?

I hope so, that is what the kind of expectations we have seen building up over the last few sessions which has indicated and it manifest that in the 400 points we have already seen the market move up in a fairly decent way backed by decent volumes. It has taken its right pauses. So this time around, 5300 also seems attainable. How sustainable that is is of course yet to be visited but I am certain that 5300 also should get tested this time around.