Small Cap (BSE Smallcap) Index Leads Market with 1.03% Increase and Strong Advance Decline Ratio

Jun 17 2024 10:00 AM IST
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The Small Cap (BSE Smallcap) index has been the top performer in the stock market, with a 3.98% increase in the last 5 days. Today, it is up by 1.03%, solidifying its position as the best performer across MCaps. Paras Defence has gained the most attention with a 20.00% return, while Kolte Patil Dev. has been the worst performer with a -6.95% return. The advance decline ratio of 1.35x indicates that the majority of stocks in this segment are showing positive movement, making it an attractive option for investors.
The stock market has been on a rollercoaster ride lately, with various segments showing mixed performance. However, one segment that has stood out as the best performer is the Small Cap (BSE Smallcap) index. In fact, in the last 5 days alone, this segment has seen a significant increase of 3.98%.

Today, the Small Cap (BSE Smallcap) index is up by 1.03%, further solidifying its position as the top performer across MCaps. One stock that has particularly caught the attention of investors is Paras Defence, with a remarkable return of 20.00%. On the other hand, Kolte Patil Dev. has been the worst performer in this segment, with a return of -6.95%.

The advance decline ratio of the stocks in the Small Cap (BSE Smallcap) index is also worth noting. Out of the 993 stocks in this segment, 570 are advancing while 423 are declining, resulting in a ratio of 1.35x. This indicates that the majority of stocks in this segment are showing positive movement, making it an attractive option for investors.

Overall, the Small Cap (BSE Smallcap) index is driving the market today with its impressive performance and strong advance decline ratio. Investors are keeping a close eye on this segment, as it continues to show potential for growth and returns.

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