Penny stocks often attract attention due to their low entry price and potential for explosive growth. However, while the rewards can be significant, the risks are equally high. These stocks typically have low liquidity, high volatility and limited financial transparency. Investors should proceed with caution, success in penny stocks requires not just luck, but a clear strategy and strong risk management.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj