Top 3 Interesting Small-Cap Stocks To Watch Out For Tomorrow, June 28, 2023

Tuesday proved to be a sensational day for the bulls as the benchmark Nifty50 delivered a stunning performance, crossing the 18,800 mark with flair. The market witnessed a buoyant start and consolidated for most of the trading session. However, it was the final hour of the day that truly stole the spotlight, as the bulls unleashed their power and pushed the market to a picture-perfect close.

While some sectors experienced a slight dip, the majority of the market participated in the rally, with Nifty Financial Service and Nifty Realty emerging as top gainers.

In the broader market, both Nifty Midcap and Smallcap indices displayed a healthy buying interest, adding to the overall positive sentiment. As the market continues to exude a bullish undertone, we present three top small-cap stocks worth watching on June 28.

Everest Industries: Everest Industries took investors by storm on Tuesday, surging nearly 6% to reach a fresh 52-week high. The stock witnessed the highest single-day volume since June 16, with the majority of the trading activity concentrated in the final 75 minutes of the day. This surge, accompanied by increased buying interest, clearly indicates a strong market sentiment towards Everest Industries. Consequently, this stock deserves close attention as it continues to make impressive strides.

GIC Housing Finance: The share price of GIC Housing Finance witnessed an impressive uptick of over 3.5% on Tuesday. What sets this stock apart is the breakout of a basing-like pattern, hinting at a potential upward trend. Remarkably, more than 50% of the total traded volume for the day occurred in the final 75 minutes of trading. Traders should take note of this significant development and keep a keen eye on GIC Housing Finance in the upcoming sessions.

Windsor Machines: The saying “big things come in small packages” certainly rings true for Windsor Machines. Despite being a low-priced stock, Windsor Machines experienced a remarkable surge of over 5% on Tuesday, accompanied by decent trading volumes. While the total traded volume for the day stood at around 1.62 lakhs, an intriguing point to note is that nearly 60% of the total traded volume occurred in the final leg of trading. This revelation highlights the potential of this low-priced stock, making it a noteworthy candidate for investors to monitor closely.

As the market continues its upward trajectory, keeping a watchful eye on these small-cap stocks could lead to exciting opportunities for investors in the coming sessions.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations.