The market has opened on the higher side Thursday. Nifty is at 5717, up 100 points from the previous close. The Sensex is currently trading at 19,293, up 354 points.

If Mundra Port stabilises around Rs 850, then you can look at buying it for the long term, says Sandeep Shenoy of PINC Research, on CNBC Awaaz. This is a listed port and SEZ company, which is a very good combination.

In the capital goods space, BHEL and L&T look good as investment opportunities, says Rahul Mohindar, technical analyst, on CNBC Awaaz. In fact, BHEL can go over Rs 3,000 in the medium term, he says. It is currently trading at Rs 2,747.90, up 0.9% on the BSE.

In the media space, PVR can appreciate another 30-35% in the medium term, says Rahul Mohindar, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 303, up 3.2% on the BSE.