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
As the economy finds its feet again, stocks that were affected the most such as those in contact intensive sectors such as hospitality, tourism and entertainment will get back in favour
Long-term investors should pick their favourite mid and smallcap shares gradually over the next few months, experts say.
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.