Small Cap Segment Faces Decline, But Some Stocks Receive Upgrade and Positive Technical Calls

Dec 12 2024 01:00 PM IST
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The Small Cap segment is currently down by -0.73% according to the BSE Smallcap index, with Bliss GVS Pharma as the best performer and Gopal Snacks as the worst performer. The majority of stocks in this segment are facing a decline, but some have recently received an upgrade in their stock score. Changes in the Smallcap index also indicate a positive outlook for certain stocks. Investors should closely monitor the market and make informed decisions based on individual stock performance and technical calls.


The market today is being driven by the performance of the Small Cap segment, which is down by -0.73% according to the BSE Smallcap index. Despite this decline, the Smallcap segment has been the best performer, with Bliss GVS Pharma showing a return of 12.52%. On the other hand, Gopal Snacks has been the worst performer in this segment, with a return of -7.58%.

The advance decline ratio of the stocks in this smallcap segment is 215 stocks advancing and 724 stocks declining, with a ratio of 0.3x. This indicates that the majority of stocks in this segment are facing a decline in their performance.

However, there is some positive news for investors in this segment as some stocks have recently received an upgrade in their stock score. These include Pilani Invest., Ramco Inds., Texmaco Rail, TD Power Systems, and Century Enka, which have all been upgraded from Hold to Buy.

In terms of technical calls, there have been some changes in the Smallcap index. Nuvama Wealth has changed from None to Bullish, while Keystone Realtor, Tega Inds., Latent View, and Fino Payments have all changed from sideways to mildly bullish. This indicates a positive outlook for these stocks in the near future.

Overall, while the Small Cap segment may be facing a decline in the market today, there are still opportunities for investors to make profitable investments in certain stocks. It is important for investors to keep a close eye on the market and make informed decisions based on the performance and technical calls of individual stocks.

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