Overnight Digest: Watch out for these smallcap stocks on Friday, November 12!
The BSE Sensex tumbled by more than 400 points on Thursday. However, several small cap stocks were seen outperforming markets. Following small cap stocks will be in focus on Friday:
52-week highs: The shares of DC Infotech, Williamson Magor, Ingersoll-Rand, GRSE, Infrasoft Technology and Donear Industries were seen making fresh 52 week highs on Thursday. These small cap stocks will be in focus on Friday.
Upper circuit stocks: The shares of 3i Infotech, Brightcom Group, Everest Kanto, RattanIndia Enterprises and Shree Renuka Sugars were seen locked in the upper circuit on Thursday. These shares will be in focus on Friday.
Monte Carlo Fashions: The shares of Monte Carlo fashions gained by 20 per cent on Thursday with a spurt in volume. A bullish engulfing pattern was formed in Monte Carlo Fashions indication buyers interest. The shares of Monte Carlo Fashions will be in focus on Friday.
Salzer Electronics: A bullish engulfing pattern was formed in Salzer Electronics even as the stock price gained by more than 8 per cent on Thursday. The shares of Salzer Electronics made a fresh 52 week high on Thursday and with a fresh price volume breakout may attract buyers. Salzer Electronics will be in focus on Friday.
Carborundum Universal: The shares of Carborundum Universal gained by more than 4 per cent on Thursday. The share price of Carborundum Universal closed near its day’s high after the stocks bounced from its 20D SMA and 9D SMA on Thursday. The shares of Carborundum Universal will be in focus on Friday.