Several penny stocks priced under Rs 10 have delivered substantial returns, ranging from 200% to 570% over the past year. These small-cap companies, including Pro Fin Capital Services and Nibe Ordnance and Maritime, have attracted high-risk investors seeking significant gains. Despite their limited liquidity, these stocks have outperformed, showcasing the potential for lucrative opportunities in the penny stock market.
US stocks: US market closes down sharply after Fed holds rates unchanged
Wall Street experienced a sharp decline as the Federal Reserve maintained interest rates. AI-related chip stocks also saw further losses ahead of key earnings reports.