The small cap segment of the market has been on the rise, with the BSE Smallcap index showing a 0.76% increase today and a 3.07% increase in the last 5 days. This makes it the best performing segment across MCaps. Aegis Logistics has been the top performer in this segment, with a return of 10.93%. However, Huhtamaki India has been the worst performer with a return of -7.69%. The advance decline ratio of stocks in this small cap segment is also positive, with 775 stocks advancing and only 210 declining. This shows a 3.69x ratio, indicating a strong market sentiment. Investors should keep an eye on the upcoming results of some key companies in this segment. Himadri Special, Avantel, Welspun Living, Som Distilleries, and Shiva Cement are all set to declare their results on 25th April 2024. In recent news, the stock scores of some companies in this segment have been upgraded. Avantel, TD Power Systems, Kirloskar Oil, Sonata Software, and Udaipur Cement have all been upgraded from hold to buy. This indicates a positive outlook for these companies and could potentially lead to an increase in their stock prices. On the technical front, some stocks in this small cap index have also seen a change in their technical call. Innova Captab, Honasa Consumer, Cello World, Jupiter Life Lin, and Bikaji Foods have all been upgraded from none to mildly bullish, except for Bikaji Foods which has been upgraded from mildly bearish to mildly bullish. This could be a good opportunity for investors to consider these stocks for their portfolio. Overall, the small cap segment of the market is showing strong performance and positive sentiment. Investors should keep a close watch on the upcoming results and upgraded stocks to make informed investment decisions.