The small cap segment of the market has been on the rise, with the BSE Smallcap index showing a 0.68% increase today. In the last 5 days, this segment has seen a 0.23% growth, making it the best performer across MCaps. The top performer in this segment is Black Box, with an impressive return of 16.79%. On the other hand, Neogen Chemicals has been the worst performer with a return of -6.72%.

The advance decline ratio of stocks in this smallcap segment is also positive, with 564 stocks advancing and 431 stocks declining, resulting in a 1.31x ratio. This indicates a bullish trend in the market.

Investors should keep an eye on the upcoming results of Cressanda Railwa on 02nd Jul 2024. In addition, there have been recent upgrades in the stock scores of some companies in this segment. Can Fin Homes, L G Balakrishnan, Rolex Rings, Agarwal Indl., and Uflex have all been upgraded from Hold to Buy.

In terms of technical calls, there have been some changes in the small cap index. Flair Writing has changed from None to Mildly Bullish, DCX Systems from None to Bullish, Electronics Mart from Bullish to Mildly Bullish, and Venus Pipes and Rolex Rings both from Bullish to Bullish. These changes could indicate potential opportunities for investors in these stocks.

Overall, the small cap segment is showing positive growth and investors should keep a close watch on the market for potential opportunities.