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
PSU bank recap, Infosys and Asian Paints, among others, are being tracked by investors on Wednesday.
Investors can earn an absolute return of 25-30 percent (subject to short term capital gains tax) over the next four months leading to an annualized return of 75-90 percent per annum while on the flip side acceptance ratio is likely to drop if a lot of new investors buy at current price with the objective of tendering the shares in buyback.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities suggests buying TVS Motor, Tata Elxsi, Kotak Mahindra Bank, Yes Bank and IDFC Bank.
Mitessh Thakkar of mitesshthakkar.com is of the view that one can buy Hindustan Unilever, Bata India and Godrej Consumer and can sell Cummins India and Dish TV.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Tech Mahindra, Motherson Sumi Systems and UltraTech Cement and can hold Jet Airways.
Infosys and ONGC, among others, are being tracked by investors on Wednesday.
Gaurang Shah of Geojit Financial Services is of the view that one may remain invested in Infosys.
Prakash Gaba of prakashgaba.com is of the view that one may buy Infosys at around Rs 800-850.
Sanjiv Bhasin of IIFL has ITC, Infosys, Dr Reddy's Labs and NBCC as the top picks.
The idea behind creating ‘wealth’ is to find companies which can outperform benchmark indices in a Bull Run and contain damage when the equity markets decide to head south.
Ashwani Gujral of ashwanigujral.com suggests buying IndusInd Bank, Raymond and CESC and advises holding Yes Bank.
According to Rahul Shah of Motilal Oswal, one can buy HDFC Bank, Infosys and Capital First.
Goldman Sachs expects stable pricing trends with neutral ratings on TCS and Infosys while it has downgraded Wipro from neutral to sell.
TCS, Infosys, Wipro and among others being tracked by investors on Monday.
Mitessh Thakkar of miteshthacker.com suggests buying Infosys and Allahabad Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Godrej Consumer Products, Petronet LNG, L&T Finance Holdings and Bajaj Finance and exit Infosys.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Infosys and buy Balkrishna Industries and JSW Steel.
Prakash Gaba of prakashgaba.com is of the view that one may add Infosys at around Rs 800.
According to Manishi Raychaudhuri of BNP Paribas Securities, IT may offer some tactical trading opportunities while one can stay away from pharma space.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Tata Global Beverage and sell Kotak Mahindra Bank and Infosys.
With Sebi reserving 15% for the small shareholders (value of holding up to Rs 2 lakhs), it translates into a decent payback, especially since the valuation provides downside support to the stock.
Prakash Gaba of prakashgaba.com is of the view that 9860 is a crucial support to deal with and the logical target is 9965-10005 zone. The crucial support for Nifty is at 9860 and the resistance is at 9965. Bank Nifty on the other hand has support at 24250 and resistance at 24511-24670.
There has been a historic overhaul at Infosys as several changes took place at the IT major. This includes co-founder Nandan Nilekani's re-entry as board Chairman and the removal of several members of the board. To know how this will impact the stock and outlook going forward CNBC-TV18 spoke to Ravi Menon, Analyst IT Services, Elara and Mehrab Irani, General Manager-Investments, Tata Investment Corporation.
It's a strong opening for Infosys on the back of news that Nandan Nilekani will be returning to the helm at Infosys. In an interview to CNBC-TV18, Sandip Agarwal, VP-Wholesale Capital Markets at Edelweiss Financial Services shared his views and reading on the same.
VK Sharma of HDFC Securities suggests buying Infosys, Bajaj Finserv, Karnataka Bank and Pidilite Industries.