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 the last week, the Sensex lost 1850.15 points to close at 34,376.99, while Nifty shed 614 points to close at 10,316.45.
Further, its financial services subsidiary announced the resignation of its MD, a director and 3 independent directors. The illiquidity in the debt market led the equity markets to hammer shares of two housing finance companies in particular and NBFCs in general.
In the Friday's trading session Nifty hit a record high of 11,283.40 and Sensex touched a record high at 37,368.62.
Rajat Bose of rajatkbose.com suggests buying Cadila Healthcare, TV18 Broadcast and IL&FS Transport.
Rakesh Bansal of RK Global is of the view that one may buy NHPC with a target of Rs 35.
Rajat Bose of rajatkbose.com is of the view that one can buy ILandFS Transportation Networks and Bharat Forge.
According to Vijay Chopra of enochventures.com, one may hold ILandFS Transportation Networks.
Ashwani Gujral of ashwanigujral.com recommends buying IL&FS Transportation, Repco Home Finance, Deepak Fertilisers, Dalmia Bharat and Yes Bank.
Rajat Bose of rajatkbose.com recommends buying IL&FS Transport and Glenmark Pharma.
Ashwani Gujral of ashwanigujral.com suggests buying NMDC, IL&FS Transportation Networks and Tata Elxsi.
Prakash Gaba, Technical Analyst at prakashgaba.com feels that IL&FS Transportation Networks may test Rs 96-97.
Ashwani Gujral of ashwanigujral.com recommends buying IL&FS Transportation and Tech Mahindra and sell BEML.
Ashwani Gujral of ashwanigujral.com recommends selling Axis Bank, Tata Elxsi and CESC and advises buying BPCL and IL&FS Transport.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
Jay Thakkar of Sharekhan advises buying NBCC with a target of Rs 249.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy ILandFS Transportation Networks, BF Utilities and Indiabulls Housing Finance.
Rajat Bose of rajatkbose.com recommends buying ILandFS Transportation Networks, Cadila Healthcare, Cipla and South Indian Bank.
Here are top 10 stocks to watch for today - BPCL, HPCL, IOC, Rel Infra, REC, Maruti, Hero Motocorp, Ashok Leyland, M&M, Tata Motors, SPARC, Cadila, IDBI Bank, IL&FS Transportation, Siti Cable, GM Breweries, Minda Industries, Spicejet, Arvind Infra and Kesoram Industries.
CNBC-TV18's research teams gets the list of those 10 stocks which are likely to remain in today's trading zone
Jigar Shah, CEO at Kim Eng Sec India recommends buying IL&FS Transportation Networks.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have - Idea Cellular, Bharti Airtel, Hindustan Zinc, ABG Shipyard, Indiabulls Housing Finance, Vedanta, Steel Authority of India (SAIL), Tata Steel, Navkar Corp, IL&FS Transportation Networks Limited (ITNL).
Dinesh Kumar, Managing Director, Tradejini Financial Services likes IL&FS Transportation Networks and is bullish on Motherson Sumi Systems.
Ambareesh Baliga, independent market expert is of the view that one can look at IL&FS Transportation Networks, IRB Infrastructure Developers and Ashoka Buildcon.
Ambareesh Baliga, Independent Market Expert recommends buying Engineers India and prefers IL&FS Transportation Networks.