Why I Hate PSU Stocks
R Balakrishnan on saving  and  investing prudently 09 February 2010

From mindless government interference to wasteful expenditure, the many reasons to shun the stocks of government-owned companies

The planned disinvestment of government (PSU) companies is keeping these stocks buoyant. Normally, when there is a likelihood of fresh supplies (whether it is sugar or potatoes), the market price softens. However, when it comes to stocks, our markets are perverse....

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