Small Cap Segment Shows Positive Trend with Strong Advance-Decline Ratio and Upgraded Stocks

May 15 2024 02:00 PM IST
share
Share Via
The small cap segment of the market has been performing well, with the BSE Smallcap index up by 0.95% today and 3.34% in the last 5 days. This segment has seen a mix of best and worst performers, with Bombay Dyeing showing a return of 12.04% and Aarti Pharma with a return of -5.40%. The advance decline ratio is also positive, indicating a bullish sentiment in the market. Investors should keep an eye on upcoming results and recent stock upgrades and changes in technical calls to make informed investment decisions. Staying updated with the latest news and trends is crucial in this segment.
The small cap segment of the market has been on a positive trend, with the BSE Smallcap index up by 0.95% today and 3.34% in the last 5 days. This segment has been the best performer, with Bombay Dyeing showing a return of 12.04%. However, Aarti Pharma has been the worst performer with a return of -5.40%. The advance decline ratio of stocks in this smallcap segment is also positive, with 654 stocks advancing and 339 stocks declining, resulting in a 1.93x ratio. This indicates a bullish sentiment in the market. Investors should keep an eye on the upcoming results of Summit Securities, Permanent Magnet, Indoco Remedies, Lincoln Pharma, and Allcargo Gati, which are set to be declared in the next few days. In terms of stock upgrades, Ahluwalia Contr., JP Power Ven., Jindal Stain., Ashiana Housing, and Gabriel India have recently been upgraded from hold to buy. On the other hand, Happy Forgings, Doms Industries, Global Surfaces, Abans Holdings, and Five-Star Bus.Fi have seen a change in their technical calls from none or mildly bullish to mildly bullish or bullish. Overall, the small cap segment is showing positive signs and investors should consider these recent developments while making investment decisions. It is important to keep a close watch on the market and stay updated with the latest news and trends to make informed investment choices.

Mojo Stocks - The Top 1% Picks across Markets

Top 10 Large Cap Mid Cap Small Cap
{{col.header}}
Latest
OPEN CALL
CLOSED CALL
{{s[col.key]}} {{s.change_value}}
{{ s.score.value }} - {{ s.score.call_type }}
{{ s.dot_summary.score }} - {{ s.dot_summary.scoreText }}
{{s[col.key]}} {{col.extra}}

Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News