VIP Ind, NBCC: 5 small-caps to accumulate despite indices staying fragile

Selective small-cap stocks may rally up to 25 per cent, as per their respective charts

Selective small-cap stocks are relatively outperforming the key benchmark indices, despite underlying sentiment turning sour. The BSE Sensex and Nifty 50 have corrected over 3.50 per cent from their respective highs, clichéd in the recent sessions, implicating turn around scenario.    

Amber Enterprises India, for instance, has reached a new 52-week, while UCO Bank and the Central Bank of India claimed fresh 6-month peaks.

Likewise, V.I.P. Industries and NBCC (India) are firmly holding their ground over key support areas. 

Here’s the technical outlook of small-cap stocks displaying resilient sentiment:-

V.I.P. Industries Ltd (VIPIND)

Likely target: Rs 771

Upside potential: 12%

Shares of V.I.P. Industries have decisively conquered