Small Cap Segment Emerges as Top Performer in Stock Market, Investors Advised to Keep a Close Watch

Apr 05 2024 11:00 AM IST
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The BSE Smallcap index has seen a positive trend, with a 0.54% increase and a significant rise of 3.59% in the last 5 days. Indraprastha Medical Corporation is the best performer with a return of 15.24%, while Ramky Infrastructure is the worst performer with a return of -3.47%. The advance-decline ratio of stocks in this segment is 1.5x, indicating a positive sentiment among investors. Some key stocks in this segment are set to declare their results in the next few days, and recent upgrades in stock scores suggest a positive outlook. Technical calls have also been upgraded for some stocks, indicating potential for future growth. Investors should closely monitor the small cap segment and make informed stock picks to take advantage of this upward trend.


The stock market is constantly evolving and today, the small cap segment has caught the attention of investors. The BSE Smallcap index has shown a positive trend, with a 0.54% increase. In the last 5 days, it has seen a significant rise of 3.59%. This segment has emerged as the best performer, with Indraprastha Medical Corporation leading the pack with a return of 15.24%. On the other hand, Ramky Infrastructure has been the worst performer with a return of -3.47%.

The advance-decline ratio of stocks in this small cap segment is also noteworthy. Out of the 996 stocks, 597 are advancing while 399 are declining, with a ratio of 1.5x. This indicates a positive sentiment among investors towards small cap stocks.

Investors should keep an eye on the upcoming results of some key stocks in this segment. T R I L, Anand Rathi Wealth, Swaraj Engines, Elecon Engineering Company, and Cyient DLM are all set to declare their results in the next few days.

In recent times, the stock scores of some companies in this segment have been upgraded. Waaree Renewables, Ashoka Buildcon, Indraprastha Medical, Sandhar Technologies, and Nuvama Wealth have all been upgraded from hold to buy. This indicates a positive outlook for these stocks and investors should consider them for their portfolio.

In terms of technical calls, some stocks have seen a change in their ratings. Inox India, ASK Automotive, Cello World, Nuvama Wealth, and Prudent Corporation have all been upgraded from none to mildly bullish. This suggests that these stocks have the potential to perform well in the near future.

Investors should keep a close watch on the small cap segment as it continues to show promising growth. With the right stock picks and a thorough understanding of the market, investors can make the most of this upward trend.

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