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    First indications of a comeback: 4 smallcaps from different sectors with the right combination of numbers

    Synopsis

    Relative performance is normally a concept that is used more in price action-based trading. However, sometimes, these concepts are equally useful when trying to gauge the mood of the market for a segment of stock. There cannot be a doubt about how the market has been hit by global headwinds, but if one compares the relative performance of small caps in the last four trading sessions and the one it witnessed in March 2024, there is clear evidence that at this point of time, there is no tearing hurry to sell. While it might be a bit early to say, the way things are panning out at this point in time, the probability of small caps making a comeback cannot be ruled out. The only thing that needs to be watched is how the market reacts to their Q4 earnings, if the initial reaction to results is positive that means liquidity is still chasing the smallcap and why to fight liquidity.

    When it comes to small cap stock there is an interesting equation between desire and challenge. Desire keeps moving up and down but the challenge of finding the right stocks is always present. The reason why we are bringing this back into picture is the fact that leave aside the last four trading sessions, where the indices like Nifty and Sensex have seen a pressure, broader market breadth has been much better. If things stays that way, the
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    The Economic Times