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Why not Invest in Penny Stocks?: Everyone is familiar with the fact of the stock market that it is volatile in nature and risky. There are thousands of companies including small companies and large companies listed on the NSE and BSE. Small public companies' stock with very low prices is known as penny stocks. Penny stocks are highly speculative because people gamble with huge bids. The price of penny stocks is very low (below 10₹) so people think that they can buy more quantity, but due to very fewer demand chances of the price going high of the stocks is also very low.