What Are Penny Stocks
Penny stocks, also known as micro-cap stocks, are stocks that trade below the Rs. 5 crores (US $750,000) valuation mark. These stocks offer high returns potential as compared to the larger cap stocks and are typically less risky. They are also easier to trade as the volumes are usually higher. Therefore, if you are looking to make a quick buck and don’t mind taking some risks, penny stocks could be the right option for you!