Smallcap Segment Leads Market with Strong Performance and Changing Technical Calls

Sep 11 2024 01:02 PM IST

The smallcap segment is leading the stock market today, with Oscar Health, Inc. as the top performer with an 18.66% return and Inhibrx, Inc. as the worst performer with a -52.36% decline. Despite mixed performance, the advance decline ratio is positive, indicating a slightly bullish sentiment. Recent changes in the smallcap index show that investors are closely monitoring stocks and making strategic moves based on technical analysis. It is important for investors to keep a close eye on these stocks and make informed decisions to take advantage of the current market trends.

The stock market is constantly evolving and today, the smallcap segment is taking the lead. With a return of 18.66%, Oscar Health, Inc. has emerged as the best performer in this segment. On the other hand, Inhibrx, Inc. has seen a decline of -52.36%, making it the worst performer.

Despite the mixed performance, the advance decline ratio in this smallcap segment is positive with 383 stocks advancing and 363 stocks declining. This indicates a slightly bullish sentiment in the market.

In terms of technical calls, there have been some recent changes in the smallcap index. Dycom Industries, Inc., NBT Bancorp, Inc., Tower Semiconductor Ltd., Exponent, Inc., and PriceSmart, Inc. have all seen a shift from mildly bullish to bullish or vice versa. This shows that investors are closely monitoring these stocks and making strategic moves based on their technical analysis.

Overall, the smallcap segment is driving the market today with its strong performance and changing technical calls. Investors should keep a close eye on these stocks and make informed decisions to capitalize on the current market trends.

{{stock_short.stock.price_difference.value}} ({{stock_short.stock.price_percentage.value}}%)

{{ stock_short.product_icon_list.length-1 }} More

WHY IT'S
{{stock_short.dot_summary.scoreText}}

MOJO SCORE

{{stock_short.stock.price_difference.value}} ({{stock_short.stock.price_percentage.value}}%)

{{ra.stock_return.chgp}}%

{{ra.sensex_return.chgp}}%

Change%

Figures in Rs cr

Mojo Parameters

Quality: {{stock_short.dashboard.dotsummary.q_txt}}

Valuation: {{stock_short.dashboard.dotsummary.v_txt}}

Quarterly Financial Trend: {{stock_short.dashboard.dotsummary.f_txt}}

Technicals: {{stock_short.dashboard.dotsummary.tech_txt}}

Stock Info

Market Cap: {{stock_short.stock_data[1]['value']}}

Sector:{{stock_short.stock_data[0]['value']}}

52 w H/L (Rs.):{{stock_short.dashboard.priceinfo['52wk_high']}}/{{stock_short.dashboard.priceinfo['52wk_low']}}