You always have reasons to put your money in equity.
Beyond the Nifty 500 index components, the index includes the top 250 businesses, which are chosen based on their average market capitalization. The Nifty Microcap 250 Index was created by NSE Indices to measure the performance of microcap stocks that are listed or authorized to trade on the NSE. So, you must have noticed that these companies have the lowest market capitalization, and market capitalization is nothing but the product of the company's share price and the number of shares outstanding. They are usually freshly listed, and they have the potential to grow. Microcap companies are companies that have a market capitalization of 50-500 crores in the stock market. Today we take a look at these companies and our pick of the top 5 microcap stocks that are worth taking a look at for investing. When it comes to the stock market, a microcap company would be something of the aforementioned "little guy" however, a small market cap doesn't necessarily mean poor prospects because if you start big, you have to stay big, but if you start small, you have room to grow and amaze, and microcap companies are known to have notoriously lucrative growth prospects.
If it's something we've learned from years of very cheesy movies is that you should never judge a book by its cover because you never know if the little guy might be carrying some big guns. Everyone loves a good underdog story the humble beginnings, the struggle, and eventual success.