Penny Stocks is the US term where stock valued at less than one dollar, and therefore highly speculative. In the Indian stock market, we can consider shares that are below Rs 5 or below Rs 10 as penny stocks and can be purchased in bulk.
The downside in penny stock is very minimum (Zero), where the upside can be manyfold. That's why risk-taker investors like to invest in penny stocks.
Here we have listed daily data of shares below Rs 5 on NSE. We are refreshing the report end of the day, so this is not a live market report.
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