Overnight Digest: These Smallcap Stocks will be in focus on Friday trading session

The superb market rally that investors have been used to in 2021 in small cap so far was seen on Thursday trading session. The market rally ensured that several stocks gained with rising volumes. BSE Sensex gained 0.58 per cent while BSE SmallCap Index is up by 1.97 per cent on Thursday on closing basis. 

Following trending small cap stocks will be in focus on Friday:- 

1. Subex : The multibagger of 2020 saw a huge crash from its highs of more than Rs 70 per share to sub Rs 50 per share in a amtter of 40 days. A huge green body candle was formed on Thursday as the share price of Subex jumped by more than 13 per cent on Thursday. The share price of Subex will be monitored on Friday. 

2. VIP Industries : The share price of VIP Industries jumped by ~20 per cent on Thursday as the investors digested the strong quarterly earnings of the company. VIP Industries may trade volatile on Friday. Profit booking cannot be ruled out even though there is a bullish undertone in favour of VIP Industries. 

3. Upper Circuit: Punjab Chemicals and Vakrange jumped by ~20 per cent and were locked in upper circuit. Rattan Enterprises also was seen locked in upper circuit after gaining ~5 per cent on Thursday. All the three stocks will be on investors radar on Friday. 

4. Textile Stocks : Faze 3, DCM Nouvelle, Ginni Filament, JCT and Amarjyothi Spinning Mills are some of the textile stocks that saw sharp rise in stock prices with volume. These stocks will be in focus on Friday. FAZE 3 and Amarjyothi Spinning Mills gained owing to excellent results. 

5. Cement Stocks: Anjani Portland Cement, NCL Industries and Orient Cement were all seen trading with gains and outperforming markets with spike in volume. These cement stocks will be closely watched by investors and momentum traders on Friday.