Only one in every 45 listed stocks on NSE & BSE actually create wealth for you, data suggest. An investor must not go after stocks which are falling or ones which have a larger speculative base in terms of shareholding or confuse a cheap stock for an inexpensive one. Given a huge influx of novice investors on Dalal Street, it is vital to know which are the rotten fishes in the sea. Samco Securities’ Stock Ratings tool flagged these five names that an investor should avoid buying:
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