Behavioural biases that damage your investments!

In matters of investment, the sooner you acknowledge your mistakes, the sooner you'll find help in getting out of the soup. To break free from biases, the first step should be to identify those biases, says, Balwant Jain, Tax and Investment Expert.

Vedanta Ltd lost 1.6% today to trade at Rs 184.8. The S&P BSE Metal index is down 0.85% to quote at 12677.56. The index is up 0.42 % over last one month. Among the other constituents of the index, Coal India Ltd decreased 1.09% and Jindal Steel & Power Ltd lost 0.76% on the day. The S&P BSE Metal index went up 29.58 % over last one year compared to the 24.65% surge in benchmark SENSEX.

Vedanta Ltd has added 2.44% over last one month compared to 0.42% gain in S&P BSE Metal index and 4.42% rise in the SENSEX. On the BSE, 1.26 lakh shares were traded in the counter so far compared with average daily volumes of 9.74 lakh shares in the past one month. The stock hit a record high of Rs 190.3 on 11 Feb 2021. The stock hit a 52-week low of Rs 60.3 on 30 Mar 2020.

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Published: February 12, 2021, 09:58 IST
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