Are you among those investors who want to invest by doing research? If yes! then go ahead and see the list of best sites for Indian Stock Market analysis.
Gone are the days when it was very difficult to get information about a company. Now with the advancement of technology, it has become very easy to get the information you need about a company.
Behind every stock, there is a company find out what it’s doing. It is very important to research a company before investing in its stock.
If you will research companies and then invest in their stocks then only you will get a good return. You can reduce unnecessary risks by researching the companies.
Now, you might be thinking that researching about companies is a very difficult task and time-consuming but the reality is different.
You just need to devote less than 2 hours to check all the information such as products or services, profit & loss, debt structure etc of a company.
If you are invested in stocks then also you need to do your regular research to remain updated about how your company is doing because in the long run Share price will follow the company’s earnings.
The best sites for Indian stock market analysis that I am going to list are the ones I personally use to research stocks and that’s why I thought to list them on my blog.
Researching surely reduces the risk involved in investing to a great extent but as you know risk cannot be totally eliminated but surely it can be reduced. If you will find that a company is increasing its debt unnecessarily then you need to avoid such companies and you will come to know these things only if you will research the companies financials.
Based on my personal experience here is a list of 6 best sites for Indian stock market analysis.
Moneycontrol is an Indian online business news website owned by TV18. You can get the daily dose of business news from this website. In fact, not only business news but also the fundamental information of stocks or companies behind the stocks.
You can get fundamental information such as profit & loss, revenue, income, debt, peers(competitors) related to a company you want to invest in by simply entering the name of the company in the search bar of the website.
This website is amazing. You can simply enter in the search bar and get short information about the business of the company. I use this website very frequently and it really saves a lot of time while researching a stock. You will get information such as what the company does, financials of the company, peers comparison in 5 minutes.
The best part of this website is that you can export the information on this website to excel sheet.
One of the best things I personally like the most about this website is the profit & loss statement of a company in which you can see the net profit or loss of a company of the last 10 years and it is really helpful.
In the annual report of the company, you can compare only two years of net profit or loss but screener lists net profit or loss of the last 10 financial years.
3. Economic Times
This website is my personal favourite for reading all the business and market-related news articles.
You will remain updated with all the national and international news from this website.
There are two very unique columns on Economic Times namely MF and wealth. MF is news and articles related to mutual funds and wealth has many articles that teach us personal finance and a lot more about money.
In the morning before the market hour, you can visit the Economic Times website or app to get all the news related to the business and the stock market.
You can download the Economic times android app by clicking the below link.
4. StockEdge App
This app is my all-time favourite for researching stocks in minimal time. If you are making excuses that you don’t have time to research stocks this app can really help you by saving your precious time.
This app will give you all the updates related to any stocks. Every column is well managed and full of information.
If you don’t have time to read full news articles then you can switch to StockEdge. Daily updates section in StockEdge app is the best part where you can read all the news related to companies in a very short time.
You can watch a video tutorial by the co-founder of StockEdge Vivek Bajaj.
5. NSE/ BSE Website
The National Stock Exchange of India Ltd. (NSE) and Bombay Stock Exchange are the two leading stock exchanges in India.
These websites are maintained and run by BSE and NSE. You can completely trust the information on these websites. You can download the annual report of the listed companies from these websites. Always download the annual report from these two websites.
This stock screener is owned by a SEBI registered investment advisor Pranjal Kamra. Pranjal Kamra is the owner of finology ventures.
This website is really very helpful and has all the features you need in a screener to research companies you want to invest in.
This is the best stock screener till now. As you will enter the stock symbol in the search bar the first section you will see is essentials which show Market capitalisation, P/E ratio, P/B ratio, book value, enterprise value, cash, debt, ROE, ROCE, number of shares outstanding of a company.
I really find this ticker very useful in researching the fundamentals of the stock.
The websites listed above are the best sites for Indian stock market analysis as per my experience and will help you to pick the best stocks. Do your homework before investing in stocks of any company.
If you find this blog helpful then make sure to share it with your friends who invest in Stocks.