Here s how you can avoid falling into a debt trap amid COVID-19 pandemic businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
By Nitin Shahi
Purchasing a stock at less than Rs 10 and watching it grow ten times or more is no less than a dream come true situation for any investor. That’s the fundamental appeal of penny stocks.
As the name implies, penny stocks are shares of companies that trade at prices less than Rs 10. Such stocks are highly volatile in nature, and usually carry a lot of risks, mostly due to inadequate liquidity, lack of proper information about the business and smaller numbers of shareholders.
Penny stocks are fickle in nature, have smaller market capitalisations and are prone to manipulation. So if there is a price rise in such stocks, it may so happen that an investor will not be able to sell his shares until the price drops again.
Findoc Group to launch new app, expand services to Delhi NCR
The new product, it said, will provide exclusive data with an inbuilt system for using data and trading tools to help traders, authorized persons and brokerage firms
PTI | April 16, 2021 | Updated 18:12 IST
The company, it said, is also planning to hire 100 experts for its Gurgaon branch to maintain the app
Financial advisory firm Findoc Group on Friday said the company is expanding its services in the national capital region and launching a new app for stock market traders and investors.
The new product, it said, will provide exclusive data with an inbuilt system for using data and trading tools to help traders, authorized persons and brokerage firms.
Government should create two interest rate slabs in small savings schemes businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.