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
The Indian chemicals sector has built up world-class capabilities over the past few years and been moving up the value chain at a rapid pace.
Experts and analysts expect a change in market leadership in the post-COVID world in which telecom, healthcare, speciality chemicals, and rural consumers may dominate other sectors.
The timely onset of the monsoon season from June 1 and the likely normal rainfall projects a strong outlook for the kharif sowing season, which is critical at such a challenging time.
Aashish Somaiyaa of Motilal Oswal Asset Management Company advised that one should avoid panic and remain invested.
Experts continue to warn that the market will keep oscillating between rise and fall and one must remain cautious while taking a call for trade.
Most experts favour quality stocks, saying once the pandemic is brought under control, these will be first to gain.
VIX needs to move below 50 levels for some stability to return in the market, otherwise expect volatile moves to continue in the market.
In the coming sessions, we expect volatility to likely to grip the market as sentiment would be driven by updates on the spread of coronavirus cases
Joseph Thomas, Head Research - Emkay Wealth Management, also told Moneycontrol that after the recent fall in the market, the midcaps and smallcaps are a good option.
We are still hopeful and expect the market to break out in the upward direction. On the higher side, 11950-12,000 has become a sturdy wall to cross
India VIX jumped 8.3 percent to close at 25.65. We expect volatility to continue in the market this week with election results on May 23
The S&P BSE Midcap index slipped 0.57 percent for the week ended May 17 while the S&P BSE Smallcap index was down 1.5 percent in the same period.
With moderation in crop prices, lower paddy sowing and an erratic and untimely monsoon are likely to keep the consumption of agri inputs under pressure
For next week, Nifty has strong support at 11,365-11,255 and resistance at 11,525-11,650 range, says Sumit Bilgaiyan
Overall experts said risks in 2019 could be tighter global monetary conditions, higher-than-expected crude oil prices and an escalation in China-US trade hostilities.
The stock may be bought in the range of Rs 768-773 for targets of Rs 815-880, and keep a stop loss below Rs 740, says Aditya Agarwala of YES Securities.
A breakdown from the 10,000-support level can drag it lower to retest levels of 9,950-9,800.
Rajesh Agarwal of AUM Capital recommends buying Canara Bank with stop loss at Rs 255 and target of Rs 272 and Graphite India with stop loss at Rs 938 and target of Rs 970.
"We expect PI Industries to report a 6-10 percent sales growth in Q4 FY18, but high raw material prices may put pressure on margins and expect 15-20 percent YoY increase in revenue," says Akash Jain, Vice President – Equity Research at Ajcon Global.
Domestic bourses would remain volatile on news flow about state elections in Karnataka, Madhya Pradesh, and Chattisgarh.
“If the monsoon predictions are accurate, the agricultural sector is set for a boost. Rain vs Food inflations although are not so directly related deficient rainfall should theoretically result in lower crop output and drive up prices due to a demand-supply mismatch,” Ritesh Ashar – Chief Strategy Officer (CSO), KIFS Tarde Capital told Moneycontrol.
Brokerages expect a positive FY19 for agrochemical sector on the back of government's intent to double farm incomes and a normal monsoon
Morgan Stanley has Overweight call on PNB with a target price at Rs 215 per share as the company reported stable asset quality and provisions were 12 percent higher than estimate.
IDFC expects revenue and net profit to grow at a compounded rate of 12 percent and 6 percent, respectively, over the financial years through March 2020.
Idea, Motherson Sumi and Oil and gas, among others, are on the radar of investors on Friday.