The small cap segment of the market has been the best performer today, with the BSE Smallcap index up by 1.83%. In the last 5 days, this segment has seen a significant increase of 3.62%. This is a positive sign for investors, as it shows that the market is currently being driven by small cap stocks.

Among the top performers in this segment is Vakrangee, with a return of 20.00%. On the other hand, Subros has been the worst performer with a return of -6.77%. The advance decline ratio for small cap stocks is also favorable, with 653 stocks advancing and only 290 declining, resulting in a ratio of 2.25x.

Several companies in this segment have recently declared their financial results. Kajaria Ceramics, Vimta Labs, Poly Medicure, Jyothy Labs, and Paisalo Digital have all reported positive or very positive changes in their financial scores. This is a good indication of the overall health of these companies and can potentially attract more investors.

In the coming days, investors can look forward to the financial results of Jupiter Wagons, Somany Ceramics, City Union Bank, Raymond, and Ador Welding. These companies are expected to announce their results on 01st Feb 2024.

In terms of stock upgrades, Zen Technologies, Roto Pumps, JP Power Ven., Jindal Stain., and Andhra Paper have all been upgraded from Hold to Buy. This suggests that these stocks have strong potential for growth and investors may want to consider adding them to their portfolio.

On the technical front, Abans Holdings, Kaynes Tech, Harsha Engg Intl, Prudent Corp., and Motherson Wiring have all seen a change in their technical call from None to bullish or mildly bullish. This indicates that these stocks are showing positive technical indicators and could be good investment options.

Overall, the small cap segment is currently driving the market, with positive performance and strong financial results from various companies. Investors should keep an eye on the upcoming results and stock upgrades to make informed investment decisions.