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
Vijay Chopra of enochventures.com is of the view that one may book profits in Bank of India.
In an interview to CNBC-TV18, Deven Choksey, MD of KR Choksey Investment Managers shared his views on public sector banks, Reliance Industries Ltd (RIL), IT and pharma.
Shahina Mukadam, Independent Market Expert advises exiting Bank of Baroda.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian spoke about his readings and outlook on the fundamentals of the market and specific stocks.
BoAML believes larger lenders such as SBI are relatively better placed to benefit from this theme.
If all the 12 accounts are resolved with 60 percent haircuts, CLSA sees 8 percent upside to FY19 adjusted net worth.
Quality and speed of NPA resolution will be key, as many tools (including NCLT proceedings) have seen limited success, CLSA said.
Mitessh Thakkar of mitesshthakkar.com suggests selling RBL Bank, Zee Entertainment and advises buying Cholamandalam Investment and Dabur India.
RBI’s circular on NPA resolution, along with L&T and Infosys, among others are being tracked by analysts today.
PSUs and regional rural banks hold more than 85 percent of agri debt, hence this is negative for PSU banks, Nomura said.
SBI, Tata Motors and KEC, among others are being tracked by analysts on Tuesday.
Gaurang Shah of Geojit Financial Services suggests buying State Bank of India on dips.
Prakash Gaba of prakashgaba.com advises buying State Bank of India on dips.
According to Rajat Bose of rajatkbose.com, one can buy Voltas and can sell State Bank of India and Mindtree.
In an interview to CNBC-TV18's Anuj Singhal and Surabhi Upadhyay, SP Tulsian spoke about his readings and outlook on the market and specific stocks.
Rajat Bose of rajatkbose.com suggests holding Tata Elxsi and sees the stock test Rs 1800.
Sharmila Joshi of Sharmilajoshi.com is of the view that Tata Elxsi may test Rs 1800 and advises holding State Bank of India.
Here are a few top buzzing stocks picked by CNBC-TV18's analysts in trade today - TCS, SBI, USL, Adani Enterprises, Cadila Health, Subros and Arvind Smartspaces.
In an interview to CNBC-TV18, Aalok Shah, Analyst-Banking & Financial Services at Centrum Broking shared his readings and outlook on the banking space.
Prakash Gaba of prakashgaba.com is of the view that Nifty has support at 9580-9540 and resistance at 9660-9713 while Bank Nifty has support at 23100 and resistance at 23500.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Motherson Sumi and HDFC and sell Reliance Power, Reliance Infra and Reliance Capital.
Amit Gupta of ICICIdrect is of the view that one can buy Wipro 520 Call.
Ashwani Gujral of ashwanigujral.com recommends buying Eicher Motors, Hindustan Unilever and DLF.
Sudip Bandhopadhyay, Market Expert is of the view that State Bank of India is a buy at the current level.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell State Bank of India and Can Fin Homes and buy ITC.