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
Market experts advise a prudent, stock-specific approach in such an uncertain market
The data for industrial production for May and CPI inflation for June will be released on July 12, which will be closely watched by the street
On the downside, the immediate support is placed at 11,500 levels for Nifty while 29,350-29,250 zone will act as a major support for Bank Nifty.
We are positive about the bank’s loan-book growth, largely driven by granular and secured high-yielding MSME loans, agriculture loans, retail loans and loans to traders.
Jimeet Modi, Founder & CEO, SAMCO Securities & StockNote, feels investors should now start adding top quality stocks to their portfolio at lower levels
Overall, especially after the run in November, the market has been rangebound and stock-specific action has continued, which is likely to be the top theme in the rest of 2019 as well
Elara said NBFCs are expected to bear the brunt of tightening liquidity, down 18.6 percent YoY, whereas banks would benefit, up 69 percent YoY, due to improving credit deposit ratios and improvement in pricing power, given the stress in the NBFC space.
Harendra Kumar of Elara Capital said given the overall robustness in earnings recovery, 2019 could well be a year of midcaps and smallcaps.
Foram Parekh of Indiabulls Ventures feels that earnings recovery will continue in H2FY19 but at a slower pace
RBL Bank is likely to see improving return profile over the next couple of years, due to improving advances & loan mix, higher CASA, lower cost ratios and improving asset quality
Here is a list of three stocks which could deliver up to 8-12 percent returns in the short term.
"We expect the stock to make an attempt to rally towards its potential target of Rs 204 in the medium term," says Hadrien Mendonca, Senior Technical Analyst at IIFL.
Mitessh Thakkar of miteshthacker.com advises selling Arvind with a target of Rs 372.
Rajat Bose of rajatkbose.com is of the view that one may exit Union Bank of India.
Jay Thakkar of Anand Rathi Securities advises buying BF Utilities with a target of Rs 516.
Sudarshan Sukhani of s2analytics.com is of the view that one may hold LIC Housing Finance.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy IGL and sell Union Bank and Idea Cellular.
Ashwani Gujral of ashwanigujral.com suggests buying Tata Elxsi, City Union Bank and Cholamandalam Investment and Finance Company.
Vishvesh Chauhan of Monarch Networth Capital suggests buying BHEL with a target of Rs 145.
Ashwani Gujral of ashwanigujral.com recommends buying Karnataka Bank, IDFC Bank and Yes Bank.
Sumeet Jain of Destimoney Securities is of the view that one may buy Rajesh Exports with a target of Rs 686.
Sharmila Joshi of sharmilajoshi.com is of the view that one may prefer DCB Bank.
Mitessh Thakkar of miteshthacker.com is of the view that one may short Tata Motors and buy Bosch.
Sudip Bandopadhyay, Market Expert recommends buying Balkrishna Industries and likes South Indian Bank and Federal bank.
In an interview to CNBC-TV18, Aalok Shah, Analyst-Banking & Financial Services at Centrum Broking shared his readings and outlook on the banking space.