Blip\, blip! Your new-age broker asking you to mind that penny stock trade

NEW DELHI: As investor interest surged in penny stocks in recent months, thanks to the influx of new retail investors, looking for ‘cheap’ shares in the hope of making stellar returns, some brokerages turned more proactive to discourage such risky trades.Penny stocks are risky trades, as most of them are inherently illiquid due to lack of trading. Yet, clamping a blanket ban on trading in such shares is problematic.So, brokerages have put their