No. of Broker Buy Recommendations

This is the Number of Buy Recommendations by analysts covering the stocks. A Buy Recommendation generally indicates that the analyst expect that the stock should significantly outperform versus other comparable stocks.

Stockopedia explains # Buy Recs

These recommendations should be taken with a pinch of salt. Due to the fact that many broking firms also provide corporate finance services to their clients, it has been shown that brokers are reluctant to put out 'sell' recommendations.

The majority of stocks analysed in the city are 'buys' or 'outperforms', and much research has indicated that stocks with a 'sell' rating actually outperform stocks with a 'buy' rating. This indicator is provided for reference only, but can sometimes be used as a useful contrarian signal.

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The 5 highest # Buy Recs Stocks in the Market

Ticker Name # Buy Recs StockRank
NSI:ICICIBANK ICICI Bank 28 58
NSI:SBIN State Bank of India 27 59
NSI:AXISBANK Axis Bank 24 47
NSI:HDFCBANK HDFC Bank 24 49
NSI:INDUSINDBK Indusind Bank 22 60
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