NSE alerts investors
Courtesy : The Hindu
A day after its barometer Nifty recorded biggest single-day loss, country's leading bourse National Stock Exchange on Tuesday asked investors to tread carefully before investing in equities and keep away from rumours and advertisements promising large returns.
"Do not be attracted to stocks promoted by internet websites, research reports, tips etc unless you have done adequate study of the company," NSE said on Tuesday.
In an advertisement published in leading newspapers today, NSE asked investors to "do a thorough evaluation before trading in any security".
While asking investors to check information like price-volume data, financials and shareholding patterns before investing, the exchange asked them to be cautious of stocks that show a sudden spurt in price or trading activity without a change in the fundamentals of the company.
It also asked investors not to be misled by rumors or inducements/advertisements that promise large returns and to invest their time before investing their money.
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