New Delhi, Feb. 14 -- The domestic benchmark Nifty 50 last hit a lifetime high of 26,277 in September 2024 but has since failed to hold the momentum dragged by foreign fund outflow and stretched valuations. The frontline indices are down over 12 per cent from the September peak. Despite the bearish sentiment, five penny stocks defied the market slump and delivered stellar multibagger returns to investors over the last six months.

East India Drums, Fone4 Communications, Pro Fin Capital, Bridge Securities, and Quasar India have emerged as the five multibagger penny stocks that delivered returns in the range of 200-400 per cent driven by heightened buying interest among investors amid the broader selloff in the Indian stock market.Also Read...