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
Ashwani Gujral of ashwanigujral.com prefers State Bank of India over Bank of Baroda and advises shorting ITC.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, Mayuresh Joshi of Angel Broking shared his reading and outlook on the market and also gave recommendations on various stocks.
Rajat Bose of rajatkbose.com is of the view that one can buy India Cements and sell State Bank of India.
SP Tulsian of sptulsian.com, who has consistently maintained a negative stance on PSU banks due to their past performance, has now after their earnings reports, become more bullish on these stocks.
Morgan Stanley is underweight on Bank of Baroda, with reduced target at Rs 125 from Rs 135 as valuation is expensive in the context of weak earnings progression. Share price will fall relative to the industry over the next 30 days, it feels.
In an interview to CNBC-TV18 SP Tulsian, sptulsian.com spoke on stocks like Triveni Engineering, SBI, Bosch, Hindustan Zinc etc.
Mehraboon Irani, Principal and Head- Pvt Client Group Business at Nirmal Bang Securities is of the view that one can continue to hold State Bank of India.
According to Prakash Gaba of prakashgaba.com, one may buy State Bank of India on dips.
Ashwani Gujral of ashwanigujral.com suggests buying EID Parry, PVR and Motherson Sumi Systems.
In an interview to CNBC-TV18, Dipan Mehta, Member of BSE & NSE shared his readings and outlook on specific stocks and sector.
Sudip Bandopadhyay, Market Expert is of the view that one can buy State Bank of India with a view of one year.
Most analysts feel the Budget 2017 is likely to have a pro-poor focus. The market will watch for govt's FY18 fiscal deficit target, divestment plans, announcement on the taxation front among others. The market expects govt to relax its FY18 fiscal deficit target of 3 percent.
Amit Gupta of ICICIdirect is of the view that one can buy NTPC 175 Call.
According to Ashwani Gujral of ashwanigujral.com, one may buy State Bank of India, Tata Chemicals and Havells India.
Ashwani Gujral of ashwanigujral.com recommends selling Divis Labs on rallies while he feels that Chennai Petroleum may test Rs 360 and Century Textiles and Industries may hit Rs 890-900.
According to Rahul Shah of Motilal Oswal, one can buy Hindustan Petroleum Corporation and advises shorting Divis Labs and State Bank of India.
SP Tulsian of sptulsian.com, explains why he remains positive on PSU banks. He also shares his views on Trident Power and several paper stocks.
Mitessh Thakkar of miteshthacker.com is of the view that one may sell Infosys and buy Bajaj Finance, State Bank of India, United Spirits and Aditya Birla Fashion.
In an interview with CNBC-TV18, analyst SP Tulsian talked about his views on the market and various stocks and sectors.
Ashwani Gujral of ashwanigujral.com suggests selling India Cements and State Bank of India and advises buying Arvind.
Credit Suisse stays outperform rating on L&T and Sadbhav Engineering. It has outperform rating on L&T on pick-up in domestic execution, strong earnings growth.
Shahina Mukadam, Independent Market Expert is of the view that one may buy State Bank India with a target of Rs 263.
Shahina Mukadam, Independent Market Expert is of the view that one may prefer Larsen and Toubro, State Bank of India and Aurobindo Pharma.
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.