The small cap segment of the market has been on a positive trend today, with the BSE Smallcap index up by 0.86%. This is a continuation of the positive momentum seen in the last 5 days, with the index up by 2.2%. This makes the small cap segment the best performer across MCaps.

Among the top performers in this segment is Amara Raja Ener., with a return of 14.42%. On the other hand, the worst performer in this segment is Happiest Minds, with a return of -7.56%.

The advance decline ratio of stocks in this small cap segment is also showing a positive trend, with 804 stocks advancing and only 165 stocks declining. This translates to a ratio of 4.87x, indicating a strong bullish sentiment in this segment.

In terms of stock upgrades, several stocks in this small cap segment have recently received a buy rating. These include Som Distilleries, JBM Auto, JP Power Ven., Magellanic Cloud, and Intellect Design. This further reinforces the positive sentiment in this segment.

Additionally, some stocks have also seen a change in their technical call, with ASK Automotive, GHCL Textiles, BEML Land Assets, Kamdhenu Venture, and Inox Green moving from a neutral or bearish outlook to a mildly bullish or bullish outlook.

Overall, the small cap segment is showing strong performance and positive sentiment, making it an attractive area for investors to consider. However, as with any investment, it is important to conduct thorough research and consult with a financial advisor before making any decisions.