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
Mitessh Thakkar of miteshthacker.com suggests buying Torrent Pharma, Wockhardt and Hindustan Unilever and aadvises selling Canara Bank and IDFC Bank.
Nomura maintains buy call on Maruti with target price increased to Rs 6922 from Rs 6576 per share. It has raised volume estimated by 6 percent/ 5 percent/ 4 percent for FY17/18/ 19 on lower demonetisation impact. It sees a strong volume CAGR of 13 percent over FY17-19.
Mitesh Thacker of miteshthacker.com is of the view that one can sell Colgate Palmolive and buy IDFC Bank.
Vijay Chopra of enochventures.com is of the view that one may buy IDBI Bank with a target of Rs 75.
Mitesh Thacker of miteshthacker.com suggests buying ACC and Ambuja Cements and selling IDFC Bank.
Avinash Gorakshakar, Market Expert is of the view that one may stay invested in IDFC Bank.
According to Mitesh Thacker of miteshthacker.com, one may sell Ceat and IDFC Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy India Cements, NMDC, IDFC and Bharti Airtel.
Gaurang Shah of Geojit BNP Paribas is of the view that one may prefer Andhra Bank.
Prakash Gaba of prakashgaba.com is of the view that one may hold IDFC Bank.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Chemicals and IDFC Bank and sell Colgate Palmolive.
In an interview to Latha Venkatesh, Sonia Shenoy and Anuj Singhal on CNBC-TV18, Deven Choksey of KRChoksey Investment Managers shared his reading and outlook on market and specific stocks.
Prakash Gaba of prakashgaba.com is of the view that is of the view that one may hold IDFC Bank.
Gaurang Shah of Geojit BNP Paribas is of the view that one may prefer ICICI Bank and Axis Bank.
SP Tulsian of sptulsian.com tells CNBC-TV18 why he would not give a buy call on MRF stock which touched Rs 50,000-mark in trade Wednesday. He also shares his take on other tyre stocks.
The market has been partying hard since March on account of more than Rs 55,000 crore of FII inflows, the government's several initiatives to boost growth and US Fed holding off on a rate hike until now. The Midcap 100 index surged 35 percent, beating Nifty that jumped 25.65 percent since March 1.
FTSE and WisdomTree India Earnings Index rebalance is going to take place today. CNBC-TV18's Varinder Bansal tells which stocks are likely to get impacted.
Vishal Malkan of malkansview.com is of the view that one may buy JSW Steel with a target of Rs 1720.
Prakash Gaba of prakashgaba.com is of the view that one may stay invested in NBCC and IDFC Bank.
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.
The market looks poised for another rally on Wednesday with strong global cues lending support. The Nifty is likely to be in range between 8350-8600 as risk appetite increases but it will be crucial for it to hold 8500 levels today. Here are brokerage calls on three stocks.
In an interview to CNBC-TV18, SP Tulsian shares his views on metal stocks and Quess Corp's stellar IPO listing.
Krish Subramanyam of Altamount Capital is of the view that IDFC may test Rs 57 while IFCI may hit Rs 31.
Market expert, SP Tulsian, sptulsian.com, told CNBC-TV18 that IDFC Bank's bullish run may not last very long. He said he doesn't see any justification for the stock going up.
Prakash Gaba of prakashgaba.com is of the view that one may hold IDFC Bank.