Blame it on a lot of time on hand due to the nationwide lockdown or the excess liquidity chasing equity markets. Many new investors have been investing in equity markets. From a figure of around 98 lakh active accounts with 15 of India’s largest stock brokerages in January this year, the number rose to 1.28 crore by the end of July. Having equities in our portfolios is crucial as they are considered the best vehicles for beating inflation over the long term convincingly. Also, basic investment principles say that both equity and debt are needed in everyone’s portfolio. But mindless investing in equities is not desirable. Here’s what you should do and avoid while directly buying equity shares.