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Penny Stocks List Traded in India on NSE for 2017

Sunday, March 19, 2017 4:27
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(Before It's News)

Penny stocks are highly infamous amongst the active traders. People often fall for these stocks and then finally realize that these stocks are worthless. Penny stocks are gaining good ground in Indian stock market, as fresh inflows and liquidity driving the market higher and higher. After going through 1700+ stocks in NSE, we have compiled a list of penny stocks that are traded on NSE (National stock exchange.

Penny stocks below Rs.10:

  1. 3IINFOTECH
  2. ADHUNIK
  3. ALOKTEXT
  4. ALPSINDUS
  5. ANKITMETAL
  6. ASIL
  7. ASSAMCO
  8. AUSTRAL
  9. BAGFILMS
  10. BHANDARI
  11. BILENERGY
  12. BILPOWER
  13. BLBLIMITED
  14. BLUECHIP
  15. BSELINFRA
  16. BSLIMITED
  17. CASTEXTECH
  18. CCCL
  19. CENTEXT
  20. CHROMATIC
  21. COUNCODOS
  22. CREATIVEYE
  23. CYBERMEDIA
  24. DBSTOCKBRO
  25. EASTSILK
  26. ESL
  27. EUROCERA
  28. GAMMNINFRA
  29. GANGOTRI
  30. GEMINI
  31. GENUSPAPER
  32. GREENFIRE
  33. GREENPOWER
  34. GTLINFRA
  35. GUJNRECOKE
  36. GUJNREDVR
  37. GVKPIL
  38. HANUNG
  39. HINDMOTORS
  40. HOTELRUGBY
  41. ICSA
  42. IMPEXFERRO
  43. INDOSOLAR
  44. INDSWFTLTD
  45. INFOMEDIA
  46. IVRCLINFRA
  47. JAIHINDPRO
  48. JAYNECOIND
  49. JIKIND
  50. JPPOWER
  51. JYOTISTRUC
  52. KAUSHALYA
  53. KGL
  54. KSERASERA
  55. LGBFORGE
  56. LITL
  57. LPDC
  58. LSIL
  59. MAGNUM
  60. MANAKCOAT
  61. MOSERBAER
  62. MVL
  63. NAGAROIL
  64. NAKODA
  65. NET4
  66. NITESHEST
  67. NOESISIND
  68. NORBTEAEXP
  69. NTL
  70. NUTEK
  71. OISL
  72. OPTOCIRCUI
  73. PARABDRUGS
  74. POCHIRAJU
  75. PRAKASHCON
  76. PRAKASHSTL
  77. PROVOGE
  78. PSL
  79. PVP
  80. RAINBOWPAP
  81. RAJOIL
  82. RAJRAYON
  83. REIAGROLTD
  84. ROHITFERRO
  85. RTNINFRA
  86. RTNPOWER
  87. SAMBHAAV
  88. SAMTEL
  89. SANWARIA
  90. SELMCL
  91. SERVALL
  92. SEZAL
  93. SHARONBIO
  94. SHYAMCENT
  95. SITASHREE
  96. SMPL
  97. SPCENET
  98. SPENTEX
  99. SPYL
  100. SRSLTD
  101. STERLINBIO
  102. SUJANAUNI
  103. SUNDARAM
  104. SUPREMETEX
  105. SURANAT&P
  106. SYNCOM
  107. TECHIN
  108. TIJARIA
  109. TRICOM
  110. TTML
  111. TULSI
  112. UMESLTD
  113. UNITECH
  114. UNITY
  115. VASWANI
  116. VIJIFIN
  117. VISESHINFO
  118. VISUINTL
  119. VIVIDHA
  120. WINSOME
  121. WSI
  122. XLENERGY
  123. ZENITHBIR
  124. ZYLOG

You will need to check the charts of these stocks. If the stock has given a breakout then buy positions can be taken. Otherwise, just wait and watch. Since these stocks are not actively traded, liquidity and cost of trading can be significantly high. It is therefore advised to check the best bid / best offer before executing a trade.

Penny stocks usually move when a high-value order is punched, with single order stocks can hit upper circuit. When trading penny stocks always keep in mind never build a huge position in any of these stocks. If the market decided to move in opposite direction then losses can also magnify.

Final thoughts:

Penny stocks need to be considered cautiously, as one can lose more money when compared to midcap stocks. Also, confirm with your stockbroker, charges such as brokerage and demat charges could cost you higher for these type of holdings. However, those stocks which have given a nice breakout with some news. Can be considered low-risk stocks.

The post Penny Stocks List Traded in India on NSE for 2017 appeared first on OurNifty.com.



Source: http://ournifty.com/nse-penny-stocks-list.html

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