Learn How to do Sector Analysis
CA, MBA (IIM,A), Director, Toshniwal Equity Services P Ltd (Member: NSE, BSE,MSEI), Worked with corporates (Thakral Casio, Grasim Industries) for 6 years after which started as stock broker. Member of ANMI, BBF (broker associations) and held board positions. Member of Advisory Board and Visiting Faculty at Welingkar Institute of Management, Mumbai. Active Rotary member. Mentoring management students through summer internships since over 10 years.
IN CONVERSATION WITH
Mr. Vivek Bajaj
The passion for data, analytics and technology is what makes Vivek Bajaj a financial market survivor. The journey as a market participant started in 2002 when the first trade was executed in the options contract of ITC. Life was simpler and easier during that time. Since then technology and Big data have taken over totally. As an early adapter to the complex tools, Kredent was formed to capitalise on the opportunities. He is co-founder of StockEdge and is committed to bring simplicity in the complex world of market data. He is a Chartered Accountant, Company Secretary and an MBA from IIM Indore. He is a part of various committees of exchanges and regulator and he has been an active contributor in the evolution of Indian Derivatives Market.
About this Face2Face:
In this video, Mr. Vivek Bajaj holds a discussion with Mr. Jay Toshniwal, to discuss the nuances of sector analysis in the Indian Stock Market.
Many of us in the stock market, are eager to know which sectors offer us profitable avenues for investment. While stock analysis can still be performed, the analysis of an entire sector can be quite cumbersome, even though it is sometimes essential.
Therefore, in this video, we have with us Mr. Toshniwal, who will give us some fundamentals of effective sector analysis.
Mr. Toshniwal has been participating in the stock market since he was a young student, and over the years, he has gained immense experience in the field of fundamental analysis and sector analysis.
He will start our technical discussion by discussing the importance of patience in analysis in the stock market. Mr. Toshniwal will first discuss the recent media expansion over the years, and the importance reading between the lines when it comes to interpreting the analysis of sectors.
We will discuss the basics of right sector identification and how we can do this with the top-down approach, and a glimpse of the various sectors that contribute to the Indian Economy and the stock market today.
Mr. Toshniwal will also discuss the major changes which have led to the expansion of various sectors throughout the economy, and we will discuss this under the multiple heads of industrial, retail, financial, IT sectors, etc.
Next, Mr. Toshniwal shows us some macros which we can track to create a forward-style mindset to analyse the market’s sectors with ease. Further, we will discuss how we can read between the lines and interpret principles of macroeconomics actions like government actions to make the best possible analysis of sectors, with practical examples.
With some extensive case studies, we will understand the importance of understanding the cyclicity of businesses to make better decisions when it comes to analysis and investing.
Next, Mr. Toshniwala will discuss some basic points we can look towards, when it comes to analysing the sectors, sectoral allocation and the companies in it. He will also discuss the importance of analysing data to understand the price behaviour in sectors better.
Lastly, we will look towards some sectors like power and the financial sector, and we will discuss the overview of what a full sector analysis should contain. We will discuss the importance of the right kind of interpretations from data, news flow, and corporate actions as well.