Small Cap Segment on the Rise: BSE Smallcap Index Up 0.64% Today, Best Performing MCaps

Mar 27 2024 10:00 AM IST
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The BSE Smallcap index has seen a 0.64% increase today and a significant growth of 3.65% in the last 5 days, making it the best performing segment across MCaps. Gravita India has been the top performer with a return of 10.40%, while Aster DM Health has been the worst performer with a return of -5.66%. The advance decline ratio is positive, with 685 stocks advancing and only 299 declining, indicating a strong upward trend. Some companies in this segment have been upgraded from Hold to Buy, and some stocks have seen a change in their ratings, potentially signaling a future upward trend. Investors should closely monitor these stocks, but should also do thorough research and consult with a financial advisor before making any investment decisions.


The small cap segment of the market has been on the rise, with the BSE Smallcap index showing a 0.64% increase today. In the last 5 days, this segment has seen a significant growth of 3.65%. This makes it the best performing segment across MCaps. Gravita India has been the top performer in this segment with a return of 10.40%, while Aster DM Health has been the worst performer with a return of -5.66%.

The advance decline ratio of stocks in this small cap segment is also positive, with 685 stocks advancing and only 299 declining. This shows a 2.29x ratio, indicating a strong upward trend in this segment.

Investors should take note of the recent upgrades in stock scores for some companies in this small cap segment. Neuland Labs, Natl. Aluminium, Talbros Auto, NCC, and Kalpataru Proj. have all been upgraded from Hold to Buy. This indicates a positive outlook for these stocks and could potentially lead to further growth in the near future.

In terms of technical calls, some stocks in this small cap index have also seen a change in their ratings. Doms Industries, Jupiter Life Lin, Cyient DLM, and Supriya Lifesci. have all been upgraded from None to mildly bullish, while Ethos Ltd has been upgraded from bullish to mildly bullish. This change in ratings could be a sign of a potential upward trend for these stocks.

Overall, the small cap segment is showing strong growth and investors should keep a close eye on these stocks for potential opportunities. However, it is always important to do thorough research and consult with a financial advisor before making any investment decisions.

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