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
Nischal Maheshwari, Head - Institutional Equities at Edelweiss Securities is of the veiw that Infosys is the safest bet from the IT space and recommends buying the stock.
Prakash Gaba, Technical Analyst at prakashgaba.com recommends going long in Infosys and feels that IndusInd Bank may hit Rs 1125 while NTPC may test Rs 155.
In an interview to CNBC-TV18 SP Tulsian of sptulsian.com shared his reading and outlook on the market.
In an interview to CNBC-TV18, Prakash Diwan of prakashdiwan.in shared his readings and outlook on specific stocks and sectors.
The UK accounts for 9-15 percent of revenues for Indian IT firms, with the highest exposure at TCS and the lowest at Infosys. IT stocks are reeling under pressure on Monday with TCS, Infosys, HCL Tech and Tech Mahindra losing around 1 percent each.
Ashwani Gujral of ashwanigujral.com recommends selling Tata Consultancy Services and advises buying YES Bank and Sun Pharmaceutical Industries.
Bank of America Merrill Lynch feels that Brexit may create recession risks that could hurt IT demand further hurting 10-14 percent revenue growth for the UK businesses of the Indian IT companies in FY17.
JK Jain, Derivative Analyst at Karvy Stock Broking is of the view that one can buy Titan Company and Maruti Suzuki and advises selling Infosys.
Taher Badshah of Motilal Oswal AMC is of the view that Infosys remains as one of the larger bets within portfolio.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Magma Fincorp, Infosys and Punjab National Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Hero MotoCorp and Infosys and sell Jet Airways.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Infosys and Apollo Tyres and buy Biocon.
Credit Suisse says in an investor conference, Rao indicated some volatility in the demand environment, some vertical specific challenges and 'quarterly bumps' in the short-term.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy YES Bank on dips.
Ashwani Gujral of ashwanigujral.com recommends selling Ambuja Cements and Hindustan Unilever and advises buying DHFL.
CA Rudramurthy BV of Vachana Investments is of the view that one can sell Infosys for target of Rs 1180.
Ashwani Gujral of ashwanigujral.comis of the view that one can sell HDFC.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Infosys on decline.
The ability of Indian IT to protect margins will be tested in FY2017 largely due to many moving parts and increased complexities that would make execution of traditional margin levers difficult in the near term, says the Kotak Institutional Equities note to clients
Sudarshan Sukhani of s2analytics.com suggests buying Infosys and Asian Paints.
Ashwani Gujral of ashwanigujral.com recommends buying Infosys on dips.
Sudarshan Sukhani of s2analytics.com recommends buying Hero MotoCorp and Infosys and advises selling Bharat Forge.
Ashwani Gujral of ashwanigujral.com recommends buying Infosys, HDFC and Gujarat Alkalies and Chemicals.
According to Ashwani Gujral of ashwanigujral.com, one can buy Tata Chemicals, Eicher Motors and Infosys.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Infosys, Voltas and YES Bank.