Small and mid cap segment

The small cap segment of the market has been experiencing a downward trend in the past few days, with BSE Smallcap index down by -1.0% and -0.31% in the last 5 days. However, this segment has been the best performer with ITD Cem showing a return of 19.74%. On the other hand, Kamdhenu Venture has been the worst performer with a return of -9.97%. The advance decline ratio of stocks in this small cap segment is currently at 0.28x, with 207 stocks advancing and 739 stocks declining. This indicates a bearish sentiment in the market. Investors should keep an eye on the upcoming results of some key stocks in this segment. G M Breweries, Angel One, Gopal Snacks, Jana Small Finan, and Ugro Capital are all set to declare their results in the next few days. In recent news, the stock scores of some companies in this small cap segment have been upgraded. Strides Pharma, HBL Power System, Oriental Aromat., and Quick Heal Tech have all been upgraded from Hold to Buy. This indicates a positive outlook for these stocks and investors may consider adding them to their portfolio. In terms of technical calls, Epack Durable, Cello World, Max Estates, Updater Services, and Nuvama Wealth have all seen a change in their ratings. These stocks have gone from None to Mildly Bullish or Bullish to Mildly Bullish, indicating a potential uptrend in the near future. Investors should keep a close watch on these stocks and consider their risk appetite before making any investment decisions. With the market being driven by various factors, it is important to stay updated and make informed decisions.