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
In an interview to CNBC-TV18's Anuj Singhal and Sonia Shenoy, SP Tulsian of sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy ICICI Bank, Vedanta and SREI Infra.
Chandan Taparia of Anand Rathi Securities is of the view that one can buy Asian Paints, Hero MotoCorp and HDFC Bank and sell Just Dial.
In an interview to CNBC-TV18, Prakash Diwan, Investment Evangelist at prakashdiwan.in shared his readings and outlook on specific stocks and sectors.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell HDFC Bank and Mindtree and buy Bajaj Auto.
Hemen Kapadia of KRChoksey Sec advises buying UPL with a target of Rs 562.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy HDFC Bank and NBCC and sell HCL Technologies.
In an interview to CNBC-TV18, Sanjiv Bhasin of IIFL shared his reading and outlook on the market.
Ashwani Gujral of ashwanigujral.com recommends buying Oriental Bank of Commerce, Bank of Baroda and Union Bank of India.
According to Sudarshan Sukhani of s2analytics.com, one can buy UltraTech Cement, Pidilite Industries and Biocon.
Though 7th pay hike is lower than in 6th Pay Commission and the arrear payouts are likely to be lower, analysts still expect a consumption boost. Citi economists expect consumption growth pick up to 8.4 percent in FY17 from 7.6 percent in FY16 (marginal downside risks from potential delays in implementation of allowances hike).
Gaurang Shah of Geojit BNP Paribas advises exiting Rana Sugars.
Sudarshan Sukhani of s2analytics.com is of the view that one may see momentum is stocks like Dr Reddy's Laboratories, Sun Pharmaceutical Industries, State Bank of India, HDFC Bank and HDFC.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy ITC, Dr Reddy's Laboratories.
Over the past two years, the bank has added 33 percent to its branch network, 28 percent to the employee base, invested in digital, and been aggressive on the corporate side. All of these should lead to strong growth, says the report.
On Friday, the day of Brexit referendum results, the benchmark Sensex lost nearly 1,100 points intra-day before closing 604.51 points lower. Investors' wealth in stock market took a hit of nearly Rs 1.8 lakh crore on that day.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Zee Entertainment, HDFC Bank and NTPC and sell Bharti Infratel.
Ashwani Gujral of ashwanigujral.com recommends buying Sobha and HDFC Bank and feels that Punjab Natiobal Bank looks strong.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Pidilite Industries, HDFC, DLF and Axis Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy YES Bank, IndusInd Bank, Kotak Mahindra Bank and HDFC Bank on dips.
Ashwani Gujral of ashwanigujral.com recommends buying Hindustan Petroleum Corporation with a target of Rs 945 and prefers HDFC Bank and Kotak Mahindra Bank.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Larsen & Toubro, HDFC Bank and State Bank of India.
Sudarshan Sukhani of s2analytics.com recommends buying HDFC Bank.
Ashwani Gujral of ashwanigujral.com recommends buying Hindustan Unilever, Larsen & Toubro and UltraTech Cement.
Ashwani Gujral of ashwanigujral.com recommends buying Kesoram Industries and NIIT Technologies.