Equity benchmarks remained directionless as investors maintained caution ahead of Federal Reserve's two-day policy meeting that will begin tonight.
Mahesh Nandurkar of CLSA says top ideas for 2017 are ITC, Maruti, ICICI Bank, Power Grid, Vedanta and Zee Entertainment.
He believes the slowdown due to demonetisation is unlikely to last materially beyond March 2017 and the stocks fallen due to the scare offer good buying opportunities.
