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 Nifty 50 may see further selling pressure in the upcoming session, given the negative sentiment. Below are some trading ideas for the near term.
Axis Securities recommends buy on Maruti Suzuki, Bajaj Finance and SBI Cards & Payment Services which can give 10-15 percent return in a span of 6-9 months.
The second wave of COVID-19 infections and its likely impact on earnings and the economy in the first quarter of FY22 could be capping the upside for the market. However, stock-specific opportunities are expected to continue, say experts.
As the market seems to have the comfort of valuation now, it is time to lap up quality stocks, analysts point out.
Foreign money is clearly the key driver of the rally, along with improving macroeconomic data, better-than-expected September quarter earnings, and hopes that a COVID-19 vaccine is around the corner
Most experts see FII flows moving towards few largecaps in coming year also
Rusmik Oza of Kotak said high expectations from the Budget could lead to a good start for Indian equities in 2020.
HDFC Securities selected stocks across major sectors financials, consumer, pharma, industrials, oil, automobile, cement and technology.
Amid rising complexity, Jefferies preferred to maintain hold rating on Future Retail.
With markets hitting fresh highs, most experts said there is need for a portfolio rejig and investors should add stocks that are showing growth
We raise our FY20E EV/EBITDA target multiple to 25x (22.5x earlier), giving us a revised target price of Rs 2,883 from 2,636 earlier.
Going forward, earnings will play a big role in pushing the market to new frontiers but stock specific action will continue.
The overall data is still running negative for the markets and we can see further selling pressure coming into the market which can drag Nifty towards 10100 levels in coming sessions.
Kunal Saraogi of Equityrush advises buying Voltas with a target of Rs 640.
Ashwani Gujral of ashwanigujral.com recommends buying Ajanta Pharma, Wockhardt, UPL and Bajaj Finance.
The company is poised to grow from the boom in India’s retail space inspite of the high competitive intensity from large format stores and online portals.
Sudarshan Sukhani of s2analytics.com suggests buying Interglobe Aviation, Ambuja Cements and Power Grid Corporation of India and advises selling Union Bank of India and Fortis Healthcare.
Sudip Bandopadhyay, Market Expert recommends buuying V-Mart Retail with a view of 12 months.
According to Arun Baid, Vice President-Research at Religare Capital Markets, one may look at V-Mart Retail.
Arun Baid - Vice President- Research at Religare Capital Markets is of the view that one may look at V-Mart Retail.
Rahul Arora of Nirmal Bang Institutional Equities is of the view that one can buy Arvind at around Rs 220-250 and sees tremendous upside in V-Mart Retail.
Rahul Arora, CEO at Nirmal Bang Institutional Equities prefers V-Mart Retail.
Sandeep Raina, AVP at Edelweiss RCM Research is of the view that V-Mart Retail is a good buy.
Here are the top 10 stocks that are expected to show smart moves today.