Stock analysis is used by traders to make buy and sell call. It’s an approach to make informed decisions while investing in stocks. Stock analysis can be categorised into – fundamental analysis and technical analysis. Fundamental analysis is evaluation of data from sources, including financial records, economic reports, company assets, and market share. Analysts typically study the company’s financial statements – balance sheet, income statement, cash flow statement, and footnotes. These statements are made available to the investors in the form of quarterly earnings, disclosures to stock exchanges in compliance with the Securities and Exchange Board of India (Sebi) norms. In fundamental analysis, the analysts particularly check for a company's core income, income from other sources, profitability, guidance, assets and liabilities and debt ratio among other parameters. The other method, i.e. the technical analysis focuses purely on statistical data. It works on two assumptions; one, the stock price reflects the fundamentals. Second, the study of past and present movement in prices can help determine the future price trends. Technical analysis primarily deals with price, volume, demand and supply factors. This method is effective only when supply and demand forces influence the market. However, when outside factors are involved in a price movement, technical analysis may not be successful. More
The market seems to have bottomed out with most of the stocks correcting between 25-30 percent, said SP Tulsian of sptulsian.com, adding, the market has factored in bad news of Q3 and Q4.
Shahina Mukadam of Equityrush is of the view that one may buy State Bank of India (SBI) with a target of Rs 268.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Hindustan Unilever, Granules India and Bajaj Finserv.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shared his reading and outlook on the market as well as on specific stocks.
Macquarie says Sun Pharma remains its preferred large-cap pharma pick, as it considers it best positioned to make the speciality transition which is essential for long-term growth.
Prakash Gaba of prakashgaba.com is of the view that one can buy Ashok Leyland and Bajaj Finserv.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Jubilant Foodworks and Tata Motors and buy Bajaj Finserv.
According to Ashwani Gujral of ashwanigujral.com, one can buy Bajaj Finserv and Jubilant Life Sciences.
Ruchit Jain of Angel Broking advises buying United Spirits with a target of Rs 2525.
Nomura maintains buy call on HDFC Bank with target increased to Rs 1520 from Rs 1325 per share. It says the bank may deliver a 20 percent loan CAGR over FY16-19, adding specific SME sub-sectors may continue to see marginally elevated slippages. It says asset quality situation is very manageable.
Here are a few stocks picked up by CNBC-TV18's analysts to focus today - stocks expected to gain are IGL, Vivimed Labs, Balaji Telefilms, ARSS infra, Motherson Sumi, Aurobindo Pharma, MPhasis and Tata Global Beverages while stocks expected to be under pressure are REC, Manpasand Beverages, Ahluwalia Contracts and Bajaj Finserv.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his view on textile, auto stocks. He also spoke on the NBFC and the jewellery space.
Ashwani Gujral of ashwanigujral.com recommends buying Escorts, Bajaj Finserv and Delta Corp.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Hindustan Construction Company, Bajaj Finserv and Torrent Pharma and advises selling Indiabulls Housing and Cairn India.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Bajaj Finserv, DLF and Indiabulls Real Estate.
Deven Choksey, MD at KRChoksey Investment Managers feels that Bajaj Finserv looks interesting.
Ashwani Gujral of ashwanigujral.com suggests buying Bajaj Finserv, Power Finance Corporation and Kotak Mahindra Bank.
Mitesh Thacker of miteshthacker.com is of the view that one can buy Bajaj Finserv, Mphasis and United Breweries.
All investment companies have surged in the last few days but one holding company which hasn't moved is Bajaj Holdings & Investment.
In an interview to Latha Venkatesh & Anuj Singhal on CNBC-TV18, Deven Choksey of KRChoksey Investment Managers feels that Maruti Suzuki is slightly rich valued right now, so maybe one can consider buying it at lower levels when it gives an opportunity during the corrective times.
Ashwani Gujral of ashwanigujral.com recommends buying Bajaj Finserv and Capital First and advises selling Indiabulls Real Estate and IndoCount Industries.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Tata Motors, Jet Airways, Orient Bank of Commerce and Aurobindo Pharma.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Mahindra & Mahindra, Petronet LNG and Bajaj Finserv.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Bajaj Finserv and Dabur India and sell Ajanta Pharma.
Rajat Bose of rajatkbose.com recommends buying Gateway Distriparks and feels that Surya Roshni may test Rs 170.