Within the recovery theme, sectors like low-ticket consumer durables, cement, hotels and multiplexes are expected to do well.
The BSE Midcap index is a shade away from turning positive for the year 2020 while the Smallcap index is trading in the green.
Experts point out select mid and smallcaps look good for medium to long term horizon. They name about 20 favourite stocks
The road ahead for the market is bumpy and a lot will depend on the course of coronavirus pandemic. Moreover, global cues and measures of governments and central banks will remain important factors for the market.
Due to the COVID-19 pandemic, most large and mid-cap stocks have corrected significantly. They are expected to remain volatile unless the issue of coronavirus comes under control.
Ajit Mishra, VP - Research at Religare Broking expects stock specific activity will be on a higher side in coming days.
In the last seven day's rally (From Oct 25 to Nov 5) S&P BSE Sensex rallied 3 percent.
Jagannadham Thunuguntla, Head Of Research at Karvy Stock Broking is of the view that one may prefer Hawkins Cookers and feels that Nilkamal may hit Rs 1275.
SP Tulsian of sptulsian.com is of the view that one may look at Hawkins Cooker with a target of Rs 2800 in next 6 months.
Buy Hawkins with target of Rs 2050, says Rajesh Agarwal, Head of Research at Eastern Financiers.
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.
Hawkins Cooker has entered into long term agreement with a leading aluminium producer in India. The purchase quantity is significantly higher than what they did last year, says Basant Maheshwari, Investor & Founder, TheEquityDesk.com.