50 lakh shareholders! Yes Bank stock creates new record

The contrast illustrates that retail investors love hunting for fallen stars at the cost of reigning superstars. New investors often confuse the price of the stock with its value. When the price falls, like in the case of Yes Bank which was saved from getting bankrupt by the Reserve Bank of India (RBI) in 2020, retailers try to catch the fall knife under the impression that it is becoming cheaper to own.

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