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 government consistently focuses on development of smart cities across country, especially since they came in to power in 2014.
Ajit Mishra, VP - Research at Religare Broking expects stock specific activity will be on a higher side in coming days.
Rusmik Oza said a 5-6 percent correction from the peak levels could be a healthy one for the long-term market sentiment.
Dinesh Thakkar of Angel Broking said though MF inflows this year have slowed down, he was very confident that MF inflows will pick up from here on as market sentiment improves
Despite the hangover induced by the Union Budget, various brokerages initiated coverage on these 10 stocks in July and projected 17-46 percent return in near to mid-term
Crude oil prices and rupee movement amid trade tension between US-China and US-Iran are likely to keep markets volatile, an expert said
Rajesh Agarwal of AUM Capital recommends buying RITES with stop loss at Rs 293 and target of Rs 315, Jindal Steel & Power with stop loss at Rs 177 and target of Rs 190 and TCNS Clothing with stop loss at Rs 647 and target of Rs 674.
Rajesh Agarwal of AUM Capital recommends buying International Paper with stop loss at Rs 472 and target of Rs 500, RITES with stop loss at Rs 278 and target of Rs 295 and Punjab National Bank with stop loss at Rs 79 and target of Rs 85.