Penny stocks may not have much steam left

This stellar performance is second only to the one penny stocks put up during the 2003-2008 bull run

- Abhinaba Saha

The covid-led stock market crash in March 2020 birthed a spectacular four-year bull run. Five years on, the boom phase and the subsequent, ongoing correction have brought significant lessons for investors—especially new entrants. While most have moderated return expectations by now, some have exited the market altogether, and others are holding tight in the face of recent corrections.