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 exclusive CNBC-TV18 panel discussion, market experts SP Tulsian, Dipan Mehta, Daljeet Singh Kohli and Prakash Diwan listed out their top stock bets ahead of the Budget.
Sudarshan Sukhani of s2analytics.com recommends buying Hero MotoCorp, NTPC, and DLF.
Ashwani Gujral of ashwanigujral.com suggests buying Escorts, BEML and Bharat Electronics.
Sudarshan Sukhani of s2analytics.com is of the view that NTPC, Tata Steel and Power Grid are excellent buying opportunities.
Mitessh Thakkar of miteshthacker.com suggests buying Britannia Industries, Hero MotoCorp and NTPC and advises selling NIIT Tech and Petronet LNG.
Market expert SP Tulsian of sptulsian.com is positive on PTC India, a power trading company which is going to be a big beneficiary of the huge capex in the transmission and distribution space and the huge offtake of power by the discoms.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy NTPC and Kajaria Ceramics and sell NIIT Technologies.
Sandeep Wagle of powermywealth.com is of the view that one can buy NTPC and UPL and sell Coal India.
JP Morgan stays neutral on TCS with target of Rs 2450 per share as company has shown weakness in revenue growth trajectory in recent quarters.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Tata Power, Jet Airways and Torrent Power.
Mitesh Thacker of miteshthacker.com advises buying NTPC and AIA Engineering.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Dredging Corporation India, NTPC and Power Grid.
Sandeep Wagle of powermywealth.com suggests buying NHPC, Crompton Greaves and NTPC.
According to Ashwani Gujral of ashwanigujral.com, one may buy Edelweiss Financial, Oil and Natural Gas Corporation and UPL.
Deutsche Bank expects the market to move in a narrow range during 2017, with recovery likely in the latter part of the year. It says unless the union Budget surprises positively with a tax induced fiscal stimulus, the market is likely to mirror the movement seen in Q416.
Deutsche Bank‘s midcaps top picks are CESC, Petronet LNG, Ramco Cements, REC, Shriram Transport and UPL. Among top large caps, its picks are Aurobindo, BPCL, Maruti, NTPC, SBI, Shree Cement, Tata Motors, TCS, Tech Mahindra, Vedanta India and YES Bank.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Sanjiv Bhasin, Executive VP-Markets & Corporate affairs at IIFL shared his reading and outlook on the market and also gave recommendations on various stocks.
Sudarshan Sukhani of s2analytics.com recommends buying Infosys, NTPC and Siemens and advises selling Bajaj Auto and United Breweries.
Ashwani Gujral of ashwanigujral.com is of the view that one may buy JM Financial and NTPC and advises selling Pidilite Industries.
Sudarshan Sukhani of s2analytics.com is of the view that one may invest in Lupin while Tech Mahindra is a positional buy.
Valuations of Glenmark look attractive, Macquarie says, adding it is one the top picks in pharma space with a target of Rs 1,350.
Sudarshan Sukhani of s2analytics.com recommends buying NTPC and Infosys and advises selling Castrol India.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy NTPC and MMTC and sell Havells India.
Jefferies maintains underperform rating on Tata Steel, SAIL and JSW Steel as domestic steel demand was steady in November despite demonetisation.