Nanoscience has emerged to become one of the most exciting areas of research today and has attracted the imagination of a large body of students, scientists, and engineers. The various kinds of nanomaterials that one normally deals with are the zero-dimensional nanocrystals, one-dimensional nanowires and nanotubes, and two-dimensional nanofilms and nanowalls. Of these, one of the earliest research investigations pertains to nanocrystals. It is truly remarkable that Michael Faraday made nanocrystals of gold and other metals in solution way back in 1857. Nanocrystals occupy a special place amongst nanomaterials because they have enabled a proper study of size-dependent properties