The small cap segment of the market has been on the rise, with the BSE Smallcap index showing a 0.1% increase. In the last 5 days, this segment has seen a significant jump of 0.98%. This makes it the best performing segment in terms of returns, with Likhitha Infra. leading the pack with a return of 13.33%. However, Patel Engineering has been the worst performer with a return of -9.04%. The advance decline ratio of stocks in this small cap segment is currently at 0.74x, with 422 stocks advancing and 571 stocks declining. This shows a mixed trend in the market, with some stocks performing well while others are struggling. Investors should keep an eye on the upcoming results of PNB Gilts, Mangalam Cement, Vardhman Special, Dhampur Sugar, and Orient Cement, which are all set to declare their results on 01st May 2024. In terms of stock upgrades, Everest Kanto, Zensar Tech., Gabriel India, Titagarh Rail, and Black Box have all been upgraded from Hold to Buy in this small cap segment. This indicates positive sentiment towards these stocks and investors may want to consider adding them to their portfolio. On the technical front, Blue Jet Health, Zaggle Prepaid, Jupiter Life Lin, Dharmaj Crop, and Vijaya Diagnost. have all seen a change in their technical call from None to mildly bullish or bullish to mildly bullish. This could be a good opportunity for investors to take advantage of the positive momentum in these stocks. Overall, the small cap segment of the market is showing promising signs, with some stocks performing well and others showing potential for growth. Investors should do their due diligence and keep a close watch on these stocks to make informed investment decisions.