Overall benchmark indices have been in a tight range and that rangebound or consolidation is expected to continue in short term, experts suggest.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy DLF, Carborundum Universal, NALCO and Bharti Infratel and can sell UPL and LIC Housing Finance.
Bharti Infratel continued its dominant form from last week as the stock was the most active gainer in the Nifty, gaining over 2.47 percent followed by Vedanta and Tata Motors which were up 2.12 percent and 1.71 percent respectively.
Mayuresh Joshi of Angel Broking is of the view that one may buy Carborundum Universal on declines.
Sumeet Jain of Destimoney Securities is of the view that one may buy India Cements with a target of Rs 234.
The brokerage firm says that even on assuming only 12 percent Nifty earnings growth in FY18 due to spillâ€over of demonetisation, valuations are factoring much damage at price to earnings (PE) of 17 times.
Morgan Stanley is underweight on SBI with target at Rs 200 per share as five banking subsidiaries reported weak earnings and earnings may be weak in FY17 & FY18. It expects NIM to remain subdued for longer.
Ashwani Gujral of ashwanigujral.com recommends selling Coal India and advises buying Carborundum Universal and Kalyani Steel.
Parag Thakkar of HDFC Securities is of the view that one may pick Tata Motors DVR, Vinati Organics and Carborundum Universal.
Ashwani Gujral of ashwanigujral.com recommends buying Punjab National Bank, Carborundum Universal and Jubilant Foodworks.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Carborundum Universal, Dena Bank and SREI Infrastructure.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Dr Reddy's Laboratories at around Rs 2700-2750.
Here are a few stocks picked up by CNBC-TV18's analysts to keep on your radar for trade today- SKS Microfinance, Sun Pharma, Orient Cement, Nucleus Software, Nelco, Carborundum Universal, Federal Bank, JSPL, Hexaware Tech, Bharat Forge, Ricoh India, Dewan Housing & Just Dial.
Prakash Diwan of prakashdiwan.in is of the view that one may prefer Carborundum Universal.
Here are top 10 stocks to keep an eye on January 30 - Coal India, Adani Ent, IDFC, HCC, Carborundum Universal, SKS Micro, Hitachi Homes, Man Infra, Arvind and IRB Infra.
Sudarshan Sukhani of s2analytics.com is of the view that Carborundum Universal is an excellent opportunity.
According to Gautam Chhaochharia, Head of India Research of UBS Securities, one may prefer Voltas and Carborundum Universal from the midcap space.
Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.
On CNBC-TV18's new show Super Six, market gurus Manas Jaiswal, Technical Analyst of Emkay Global, Vishal Kshatriya, Sr Derivative and Technical Analyst of Edelweiss and Nooresh Mirani, Head, AMSEC-Analyse India, place their bets on two stocks each, thus offering investors a variety of options to choose from.
Carborundum Universal can head upto Rs 320, says Kamlesh Kotak, Vice President-Research, Asian Markets Securities Private Limited.
Paras Bothra of Ashika Stock Broking has recommended buying Carborundum Universal for long term.