Indian indices have traded mixed this year, as the BSE Sensex soared 2.80 per cent, the BSE Midcap index soared 0.28 per cent and the BSE Smallcap index plunged 2.96 per cent.

The benchmark indices were trading lower this week. On Friday, BSE Sensex closed on a negative note, down around 981 points or 1.61 per cent at Rs 59,845.29.

Following are the penny stocks that gave multi-bagger returns in just 1 month:

Despite this market mayhem, more than two dozen penny stocks have defied gravity to deliver multi-bagger returns to the investors in the first half of the ongoing calendar year.

BSE Sensex tumbled more than 11 per cent on a YTD basis. While the large-caps have slipped, we find that several small-caps, micro-caps, and penny stocks have outperformed the markets in 2022. It seems that 2022 belongs to the broader markets. Usually, small-caps tend to correct more than the large-caps; however, the small-caps are seen correcting in line with the key benchmark index.  

The year 2021 belongs to small-caps and mid-caps of the world even as BSE Sensex gained more than 21 per cent in CY21.