The small cap segment of the stock market has been on a steady rise in the past few days, with the BSE Smallcap index showing a 0.51% increase today and a 1.49% increase in the last 5 days. This segment has been the best performer, with Sterlite Tech. showing a return of 12.77%. However, not all stocks in this segment have seen positive returns, with Marathon Nextgen showing a return of -6.70%, making it the worst performer.

Despite this, the advance decline ratio of the stocks in this smallcap segment is still positive, with 597 stocks advancing and 384 stocks declining, resulting in a 1.55x ratio. This indicates that the majority of stocks in this segment are still performing well.

Investors should keep an eye on the upcoming results of some key stocks in this segment, such as Anand Rathi Wea., Swaraj Engines, Elecon Engg.Co, 360 ONE, and Cyient DLM, which are set to declare their results in the next few days.

In terms of stock upgrades, Swaraj Engines, Symphony, TTK Healthcare, Lloyds Metals, and Ashiana Housing have recently been upgraded from Hold to Buy in this small cap segment. On the other hand, Suraj Estate, Nuvama Wealth, NMDC Steel, Abans Holdings, and eMudhra have seen a change in their technical call from None to mildly bullish.

Overall, the small cap segment of the market is showing positive signs, with some stocks performing exceptionally well and others showing potential for growth. Investors should keep a close watch on these stocks and make informed decisions based on their individual risk appetite and investment goals.