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Overnight Digest : These Small-cap stocks will be in focus on Friday

Some small cap stocks were seen trending on bourses and will be in focus on Friday trading session

Yogesh Supekar / Article rating: 3.7

The broader markets continued its underperformance on Thursday while the frontline indices saw some profit booking at life high levels. Bharti Airtel, ITC, HDFC Bank, HCL Tech and Tech Mahindra witnessed some fresh long built-up positions while shorts built up was seen in SBI.  

Wipro, Tech Mahindra trade at all time high; IT stocks outperform

Wipro and Tech Mahindra were seen making life highs for themselves on Thursday. Wipro is up by more than 2 per cent while Tech Mahindra is up by nearly 2 per cent.

Yogesh Supekar / Article rating: 5.0

On Wednesday we saw tech heavy NASDAQ Composite outperform DJIA and S&P 500. The shares of Robinhood, a newly listed NASDAQ company surged on Wednesday indicating buyers optimism in US markets. 

These Small Cap Stocks made a fresh 52-week high with rising volumes

Experts are advising to book profits in small-caps and mid-caps looking at the stellar rally we have seen in the broader markets. 

Yogesh Supekar / Article rating: 3.7

Some small-cap stocks are continuing their up trend and trading at fresh 52-week highs. The rise in price is aided with good volumes as well, thus providing confidence to the bulls. 

These Low-Priced Stocks made fresh 52-week high on Wednesday

As many as 467 stocks managed to make fresh 52 week high on Wednesday while at least 16 stocks traded at their respective 52-week lows. 

Yogesh Supekar / Article rating: 4.6

BSE Small Index corrected by more than 1 percent when the BSE Sensex scaled to fresh highs on Wednesday. IIFL Wealth Management was the top BSE Small Cap Index gainer on Wednesday, after the company posted the best quarter profits in its history.


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