The small cap segment of the market has been on a positive trend, with the BSE Smallcap index showing a 1.12% increase today. In the last 5 days, this segment has seen a significant rise of 4.08%, making it the best performer across MCaps. GE Power has been the top performer in this segment, with a return of 18.12%. On the other hand, Kirl.Pneumatic has been the worst performer, with a return of -3.78%.

The advance decline ratio of stocks in this small cap segment is also showing a positive trend, with 659 stocks advancing and only 335 declining. This translates to a ratio of 1.97x, indicating a bullish sentiment in the market.

Investors should keep an eye on the upcoming results of IIFL Finance on 15th June 2024, as it could have an impact on the small cap segment. In addition, there have been recent upgrades in the stock scores of some companies in this segment, including Insecticid.India, Natl. Aluminium, Magellanic Cloud, Rupa & Co, and Satin Creditcare. These stocks have been upgraded from Hold to Buy, indicating a positive outlook for their performance.

In terms of technical calls, there have been changes in the ratings of some stocks in this small cap index. Sundaram Clayton, Suraj Estate, Muthoot Microfin, Inox India, and Honasa Consumer have all been upgraded from None to mildly bullish. This could be a good opportunity for investors to consider these stocks for their portfolio.

Overall, the small cap segment is showing promising growth and investors should keep a close watch on the performance of these stocks in the coming days. With positive trends and upgrades in stock scores, this segment could be a potential area for investors to explore.