Fourteen penny stocks have declined sharply over the past two months, with losses of up to 55%, highlighting the risks associated with low-priced equities. While such stocks attract investors seeking quick gains, weak liquidity, volatility and governance concerns make them highly vulnerable to sharp corrections and capital erosion.
Market Trading Guide: YES Bank among two stock picks for Monday with up to 10% upside scope
Equity markets saw broad-based selling pressure after weak monsoon forecasts raised concerns over food inflation, though falling crude oil prices and easing bond yields helped