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Up to 31% downside: 5 stocks to avoid right now
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As market benchmarks, BSE Sensex and Nifty 50, continue to scale new highs, rich valuations and concerns about the sustainability of the rally are making experts anxious. The analyst ratings compiled by Reuters-Refinitiv show a reduction in the number of ‘buy’ ratings, while the number of ‘sell’ ratings has gone up since the start of 2023-24.
There were 427 stocks with a total of 4,703 ‘buy’ ratings as on 31 March 2023. Currently, these are down
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