small cap move
The small cap segment of the market has been on the rise, with the BSE Smallcap index showing a 0.43% increase today and a 0.73% increase in the last 5 days. This makes it the best performing segment across MCaps. Zen Technologies has been the top performer in this segment, with a return of 10.00%, while G M Breweries has been the worst performer with a return of -5.12%. The advance decline ratio for small cap stocks is also positive, with 532 stocks advancing and 412 stocks declining, resulting in a 1.29x ratio. This indicates a bullish sentiment in the market. Investors should keep an eye on the upcoming results of some key small cap stocks. Hathway Cable, Just Dial, Reliance Industrial Infrastructure, Network18 Media, and Alok Industries are all set to declare their results in the next few days. These results could have a significant impact on the market and should be closely monitored. In recent news, several stocks in the small cap segment have had their scores upgraded. J B Chemicals, PG Electroplast, Morepen Labs, Firstsource Solutions, and Pricol Ltd have all been upgraded from Hold to Buy. This indicates a positive outlook for these stocks and could lead to an increase in their prices. On the technical front, there have been some changes in the calls for certain small cap stocks. Bajel Projects has changed from None to Mildly Bullish, Redtape has changed from Mildly Bullish to Bullish, NIIT Learning has changed from None to Mildly Bullish, KFin Technologies has changed from None to Bullish, and CMS Info Systems has changed from Mildly Bullish to Bullish. These changes in technical calls could be a result of recent developments or news surrounding these stocks. Overall, the small cap segment of the market is showing positive signs and investors should keep a close watch on the upcoming results and changes in technical calls for potential investment opportunities.

















