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3 Simple Tricks to Stock Research in India for Beginners cover

3 Simple Tricks to Stock Research in India for Beginners.

3 simple tricks to stock research in India for beginners: Hi Investors. It’s been a while since I have written a blog post. This is because I’ve been working on a new project.

Since launching this blog ‘Trade Brains’ in January 2017, I have received a tremendous amount of emails, messages, and calls concerning stock market investment. Most of my readers are facing a similar problem- how to pick a stock to invest from a pile of over 5,500 stocks listed in the Indian stock market.

Though I have helped most of my readers, who have asked this question; however answering the same question, again and again, is little tiresome and mundane. Further, as this is a big topic, it took lots of hours to explain the same to every individual.

That’s why I created this video course on how to select stocks to invest in Indian stock market. Earlier I decided to include this post- ‘3 simple tricks to stock research in India’ in my course module. However, I felt that this content deserves to be publicly available on my blog as it can be quite helpful to the beginners to start stock research in India.

In this post, I will show how you can research good stocks in India to invest in using three simple implementable tricks. So, let’s get started.

3 Simple Tricks to Stock Research in India

1. Money control- Index composition.

If you want to investigate the stocks in a given industry/sector, why not to start with the market index composition of that sector.

An index composition of an industry consists of all the top companies that are included in that index.

For example, if you want to invest in a company in the metal industry, you should first start by investigating the stocks in the market index- S&P BSE Metal or Nifty Metal. Here S&P BSE Metal consists of companies like Hind Zinc, Coal India, Hindalco, Jindal Steel, JSW Steel, NALCO, SAIL, etc.

The index composition will give you a list of companies that you can investigate further in the industry.

Now, there’s a simple way to find out about the index composition of the different industries (Capital Goods, FMCG, Healthcare, Banks, Auto, Energy etc).

Either you can search for ‘money control index composition’ on google and click on the first link.

money control stock research in india 1

This will open the money control index composition page.

money control stock research in india 2

Or, you can directly visit the index composition linked here.

On the same page, you can navigate through different industries to know their composition.

money control stock research in india 3

Further, you can find the same information on NSE India website.

Here are the steps to find the index composition on NSE India:

nse stock research in india 1

  • Change the view to find the composition of the specific index.

nse stock research in india 2

  • Select the industry which you want to investigate.

nse stock research in india 3

Also read: 7 Must Know Websites for Indian Stock Market Investors.

2. Mutual Funds Portfolio:

This is the easiest way for stock research in India. Just look at the portfolio of the top mutual funds and find out its holding stocks.

If the mutual fund is performing good, then the chances are that its top holding stocks will also be doing good.

Check the portfolio of few of the top ranked mutual funds in India and you can get an idea of the portfolio allocation for stock research.

Now, the next question is, where can I check the portfolio of top mutual funds?

The answer is- there are a number of financial websites where you can find the details about the mutual fund portfolio. For example- Value research online, Money Control, Economic times market etc.

However, in this post, I’m going to describe how you can find the portfolio of the mutual funds on money control website.

Here are the steps to find the portfolio of the mutual funds for stock research in India:

  • Go to money control website.
  • Click on ‘Mutual Funds’.

mf holdings stock research in india 1

  • ‘Best Funds to Buy’ page will be opened. Click on ‘complete details’ link.

mf holdings stock research in india 2

  • Select the fund whose portfolio you want to check.

mf holdings stock research in india 3

  • The fund home page will open.

mf holdings stock research in india 4

  • Navigate down and select ‘Holdings’.

mf holdings stock research in india 5

  • Portfolio Holdings will be shown.

mf holdings stock research in india 6

Similarly, you can check the holdings of different mutual funds that you are interested in.

Studying the holdings of the top mutual funds is the simplest way to stock research in India.

In short, if you do not know where to start, which stocks to investigate; then start with investigating the holdings stocks of these top ranked mutual funds.

New to stock market? Here is an amazing book on Indian stock market for beginners which I highly recommend to read: How to Avoid Loss and Earn Consistently in the Stock Market by Prasenjit Paul.

3. Screener:

Url: https://www.screener.in

Screener.in is a stock analysis and screening tool to see information of listed Indian companies in a customizable way.

This is one of the best websites for stock research in India. Screener gives you the facility to screen various stocks based on different criteria like growth, dividend, PE etc.

You can find the list of stocks based on different screens like- ‘The Bull Cartel’, ‘Growth Stocks’, ‘Loss to Profit Companies’, ‘Undervalued growth stocks’, ‘highest dividend yield share’, ‘bluest of the blue chips’ etc.

How to use screener website for stock research in India?

screener stock research in india 1

  • Click on screens on top menu bar.
  • Select the suitable screen according to your preference. For example, if you want to investigate companies with a good quarterly growth, select ‘The Bull Cartel’.

screener stock research in india 2

  • Navigate through the list and investigate the stocks.

screener stock research in india 3

Screener also gives you a facility of Query Builder, where you can customize the query according to your preference. We will discuss more how to write a query in Screener in another post.

Using the screens on the Screener website, you can undergo the stock research in India. Further, the different screens help the investors to investigate different stocks based on their choice.

Also read: How to do Fundamental Analysis on Stocks?

That’s all for this post. I hope these simple tricks for stock research in India is helpful to the readers. Please comment below if you have any doubts. Happy Investing!!

Hi, I am Kritesh, an NSE Certified Equity Fundamental Analyst. I’m 23-year old and an electrical engineer (NIT Warangal) by qualification. I have a passion for stocks and have spent my last 4+ years learning, investing and educating people about stock market investing. And so, I am delighted to share my learnings with you. #HappyInvesting

7-Must-Know-Websites-for-Indian-Stock-Market-Investors

7 Must Know Websites for Indian Stock Market Investors.

7 must know websites for Indian stock market Investors: The Internet is full of resources. You can find tons of information out there for free. However, as the count increases, it’s literally impossible to remember all the websites that you visit even in a single day.

Luckily, for the Indian stock investors, there are only a few sites which if you remember, will help you to keep yourself updated with all the market news, information, happenings and all.

Please note that there is one such website which every stock investor get ‘used to’ when he/she starts learning the stock market, INVESTOPEDIA. I won’t be discussing this website in this post as it is a jargon than everyone knows.

In this post, I am going to explain 7 must know websites for Indian stock market investors. Further, do read the post till the end, as there is a bonus in the last section.

7 must know websites for Indian stock market Investors:

1. MONEYCONTROL:

Website: http://www.moneycontrol.com/

money control website

Moneycontrol is certainly the most popular website among the Indian stock investor. You can find all sorts of information on this website like market news, trends, charts, livestock prices, commodities, currencies, mutual funds, personal finance, IPOs etc.

Here, you can find the fundamental data of any company along with technical indicators (including candlesticks charts) on money control.

Moneycontrol website also provides a platform to track your investments and to create your own wish list.

Further, the forum provided by this website for discussion is also one of a unique feature of this website. If you are unable to find the latest happenings of any company, just go to the forum of the stock, and read the discussions. (Please do not get influenced by the comments in the discussion section).

In addition, money control also has a mobile app in all platforms- Android, IOS, and windows. The app is amazing because of its simple user interface and great navigation features. If you do not have this app installed on your phone, I highly recommend you to install it now.

2. SCREENER:

Website: https://www.screener.in/

screener website

This is a great website for the fundamental analysis of a company to read its financials.

All the features on Screener are absolutely free. You can find a number of important information about the companies on this website like general info, financial ratios, charts, analysis, peers, quarterly results, annual results, profit & loss statements, balance sheet, cash flows etc.

The best part is the personalized financial reports which are created in such a manner that only the useful information is shown. No clutters! The financial statements of a company are very long, however, screener simplifies the financials in small useful chunks. Anyone can easily read the annual reports, balance sheet etc on this website because of the user-friendly display of the data.

I regularly use this website to check the financials of a company and will also recommend using this website. It saves a lot of time for the readers to navigate through the financials.

Also read: How to use SCREENER.IN like an Expert

3. INVESTING:

Website: https://in.investing.com/

investing market

Investing is a good site if you want to find all the information on the same website simultaneously. You can do both fundamental and technical analysis of stocks on this website.

The different options available on this website are general info, chart, news and analysis, financials, technicals, forum etc.

You can also use a number of ‘tools’ available on this website. The best one is – stock screener. You can use the stock screener to shortlist the stocks based on different criteria like market capitalization, PE ratio, ROE, CAGR etc.

I also use investing for technical analysis as there are a number of technical indicators which are available on this website and easy to use.

If you haven’t visited this website, then go on and check it out.

4. ECONOMIC TIMES MARKET

Website: http://economictimes.indiatimes.com/markets

ET Market

Best website to stay updated with the latest market news. Economic times market provides instant and reliable news. It also posts morning and evening ‘briefs’. In case you missed the news an entire day, you can read all the happenings of the day here.

Further, ET market provides similar information as money control website in terms of features it provides like stock charts, portfolio, Wishlist, expert views, mutual funds, commodities etc.

New to stock market? Confused where to start? Here is a great book on stock market investing, which I highly recommend the beginners to read: ONE UP ON WALL STREET by Peter Lynch.

5. LIVEMINT

Website: http://www.livemint.com/

live mint website

A good website to read a variety of posts regarding the stock market, finance, economy, politics, science, sports etc.

This website will keep you updated will all the happenings in the country so that you do not miss out any important one which might affect your stock selection in future.

Further, this website will keep you entertained with tons of info to read.

6. NSE INDIA

Website: https://www.nseindia.com/

NSE India website

This is the official website of the National stock exchange. You can get the information of all the company listed on this exchange along with their financials on this site. The information provided on this website is up to date and accurate.

As the company has an obligation to submit their financial reports to the NSE, hence you can always find the financial data of any company here, in case you can’t find it elsewhere. You can also read the daily updates of bulk and block deal on NSE website.

Further, along with charts, there are tons of historical data regarding NSE and nifty available on this website.

You can find information about the corporates, domestic and foreign investors, new listings, IPO etc. NSE India also provides courses and certifications.

7. BSE INDIA

Website: http://www.bseindia.com/

bse india website

BSE India is the website of Bombay stock exchange.

This is similar to NSE India. However, you can find more historical data here as BSE Sensex has been incorporated for a longer time compared to NSE Nifty.

In addition, over 5,500 companies are listed on BSE whose corporate actions and financial data can be found on this website. You can also download the complete list of ‘public’ companies from this website.

Also read: How to find complete list of stocks listed in the Indian stock market?

The various information available on BSE India are market info, charts, Public offers, OFS, IPOs, Domestic and foreign investors etc

BSE India also provides training and certifications.

Bonus (As promised)

Here are two common websites which you can visit to know the IPO allotment results.

Whenever you apply for an IPO (Initial public offering), although NSE/BSE will send you a text message/mail about the allotment result, however, their messages are mostly delayed by a day or two. If you want to check the result of IPO allotment in time, you can check it on the following websites. You just have to enter the PAN Card with which you have applied for the IPO.

Link in time website

In addition, here are 6 more popular stock research websites that you should know:

  1. Google Finance: https://www.google.com/finance
  2. Yahoo Finance: https://in.finance.yahoo.com
  3. Rediff money: http://money.rediff.com/index.html
  4. MarketMojo: https://www.marketsmojo.com/
  5. Investello: https://www.investello.com
  6. Trendlyne: https://trendlyne.com
  7. Chittorgarh: http://www.chittorgarh.com

SUMMARY

Here are 7 must know websites for Indian stock market investors:

That’s all. I hope this post on ‘7 must know websites for Indian stock market investors’ is useful to the viewers. In case, you haven’t visited the above-mentioned websites, do check it out.

Further, If I missed any big name, please comment below. Happy Investing.

If you are new to stocks and want to learn how to select good stocks for long-term investment, check out this amazing online course: HOW TO PICK WINNING PICKS? The course is currently available at a discount.

Tags: must know websites for indian stock market investors, top stock research sites, indian stock research sites, stock market websites list, indian stock market websites, 7 must know websites for indian stock market investors, best stock market website for beginners, indian stock market blogs, must know websites for indian stock market investors for research 

Hi, I am Kritesh, an NSE Certified Equity Fundamental Analyst. I’m 23-year old and an electrical engineer (NIT Warangal) by qualification. I have a passion for stocks and have spent my last 4+ years learning, investing and educating people about stock market investing. And so, I am delighted to share my learnings with you. #HappyInvesting