Stock Markets globally has been on a tear away rally and has advanced around 20% in general in past 2 months. Indian stock markets also went up from the Nifty level of 4550 to 5600 since 20th Dec 2011. In this rally many stocks have either made 52 week high or are near their 52 week high. But there are some stocks which instead of going up are making fresh 52 week low. These stocks are usually in small cap category and has some kind of problem or the other. Hence retail investors should completely stay away from these stocks.
The stocks which made fresh 52 week low as on Feb 17, 2012 are show below:
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