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
Yogesh Mehta of Motilal Oswal Securities is of the view that one can sell Maruti Suzuki, Lupin and Tata Consultancy Services and buy ONGC.
Sanjiv Bhasin of IIFL is of the view that one may see 15 percent upside in stocks like TCS and Infosys.
Ashwani Gujral of ashwanigujral.com recommends buying GAIL India, Balmer Lawrie and Balrampur Chini.
In an interview to CNBC-TV18, Deven Choksey, MD of KRChoksey Investment Managers shared his readings and outlook on specific stocks and sectors.
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.
According to Neeraj Deewan of Quantum Securities, Infosys is a top pick in IT space.
According to Sandeep Wagle of powermywealth.com, one may stay invested in Tata Consultancy Services.
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.
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 is of the view that one can buy Tata Consultancy Services, L&T Finance Holdings and IRB Infra and advises selling Vedanta.
Sudarshan Sukhani of s2analytics.com suggests buying TCS, BEML and Bharat Financial Inclusion and advises selling Sun TV.
Sudarshan Sukhani of s2analytics.com recommends buying Reliance Industries, TCS and Maruti Suzuki.
Sanjiv Bhasin of IIFL recommends buying Reliance Industries and is overweight on TCS, HCL Tech and Mindtree.
Sanjiv Bhasin of IIFL is very bullish on SBI, Maruti Suzuki, UltraTech Cement, Hindalco Industries and Tata Consultancy Services.
Sudarshan Sukhani of s2analytics.com is of the view that Reliance Industries, Infosys and Engineers India are buying opportunities.
Sudarshan Sukhani of s2analytics.com is of the view that one can buy Tata Consultancy Services, Indraprastha Gas and Asian Paints and advises selling M&M Financial Services and Cummins India.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Aurobindo Pharma, REC, Vedanta, Bharat Financial Inclusion and HDIL and buy Dabur India and TCS.
Ashwani Gujral of ashwanigujral.com recommends selling State Bank of India, Punjab National Bank and Amara Raja Batteries and advises buying Infosys and Tata Consultancy Services.
According to Dilip Bhat of Prabhudas Lilladher, one may prefer TCS, Infosys, Tech Mahindra and Hexaware Technologies from the IT space.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell Ceat and Mahindra & Mahindra Financial Services and buy TCS.
Sudarshan Sukhani of s2analytics.com suggests buying TCS, Siemens and Reliance Infra and advises selling Sun Pharma and Castrol India.
Mitesh Thacker of miteshthacker.com recommends buying TCS and Granules India and advises selling Sun Pharma and Dr Reddy's Labs.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.