Killing the telecom goose

Giving advice on what stocks to buy and what stocks to sell is pretty dicey, but when it’s a sure shot that may not be such a bad idea—like Reliance’s stock will do better if the government raises the gas price RIL gets. Telecom is one such sure shot, and here’s the advice: till the government changes its policy, you’re going to make a loss each extra day you hold on to telecom stocks. Apart from the dismal economic conditions, the messed up government policy is the main reason...

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