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Penny stocks are the stocks that are traded at a low price, usually under Rupees 50. These stocks have low market capitalization and are usually illiquid. These are the lesser-known stocks to the larger public out there. Usually, these are less preferred by investors due to the limited information about the fundamentals, and businesses are unreliable or unavailable. But the best penny stocks in India are popularly known for generating multi-bagger stock, i.e. returns within a few trade sessions.
Lowest Brokerage Charges in India
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The lowest brokerage charge is the minimum brokerage amount that traders need to pay when the total brokerage calculation is less than the amount set. If the calculated brokerage is lower than the minimum brokerage defined by the stock broker, the lowest brokerage charges are incurred. There are set guidelines from SEBI (security and exchange board of India) for India’s highest/ lowest brokerage charges for traders who trade on the Indian stock exchange. The maximum brokerage any stockbroker can apply is 2.5%, and no stockbroker can surpass the set percentage. There are no limitations stockbrokers can charge for the lowest brokerage charges according to their preferences.
