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In a person's life
there are certain decisions which he/she is left to rue for the rest of
his/her life. I still remember the instance when a sub-broker of the BSE
once cajoled my father to invest in a blue chip stock. That was the time
of Harshad Mehta induced euphoria and the Sensex knew to move in only
one direction - UP!! My father accepted the shares by paying Rs220 per
share. Circa 2000, the price of the stock is Rs140. My father is left
cursing the sub-broker. At any point of time, there are a fair number
of shares listed in the marketplace (hot potatoes), which do not deserve
even a second look. It is better to stay out of them rather than stay
put. This does not mean that they do not get another chance of becoming
the cynosure of one's eyes but that would be another story.
1. Crompton
Greaves Ltd (CGL)
2. CRISIL
3. Colgate India
4. Punjab Tractors
5. TELCO
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