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

The markets staged a solid recovery from the lows of the day on Wednesday trading session

The markets staged a solid recovery from the lows of the day on Wednesday trading session. Several small-caps were seen trading in green even as the BSE SmallCap Index closed deep in to the red after slipping by 0.83 percent on Wednesday. 

Following small-caps will be in focus on Thursday :- 

1. Jubilant Ingrevia : The share price of Jubilant Ingrevia closed higher by more than 11  per cent on Wednesday and provided a strong closing . The stock closed at its fresh highs suggesting a strong momentum.  The share price of  RakeshJhunjhunwala owned Jubilant Ingrevia will be closely monitored by the bulls. 

2. Upper circuit small-caps : The shares price of Nelco, Kitex Garments and RattanIndia Infra were seen locked in upper circuit on Wednesday. These stocks will be in focus in Thursday. 

3. Rattan Enterprises: The share price of Rattan Enterprises climbed higher by ~5 per cent after teh company announced it will make a strategic investment in the US-based Matternet, the world’s most extensive urban drone logistics platform. The share price will be closely tracked by Rattan Enterprises. 

4. Apollo Sindhoori : The share price of Apollo Sindhoori was seen trading higher by 20 per cent on Wednesday even as the shares were locked in upper circuit on Wednesday. In May this year ace investor Porinju Veliath had purchased stakes in the company. The share price of Apollo Sindhoori will be watched on Thursday trading session. 

5. Sugar Stocks : The sugar stocks were seen trading with bullishness after the market discounted the fact that the sugar futures in US markets have hit multi year highs. Renuka Sugars recovered substantially after being locked in lower circuit. The sugar stocks will be in focus on Thursday.