Every time is a time to be selective on the street: 4 small caps from different sectors with upside potential of 12 to 46%

On a day the Nifty and Sensex are trading in red territory, talking of small-caps – one of the riskiest segments of the market – might appear to be going in the wrong direction. But it is a day like this which serves as a reminder of two things. First: However strong a bull run may be, corrections are bound to take place. Second: In the end, it is the business – and the management which runs that business – which matters for earnings. And earnings are what matters on the street. So, if you are looking to invest in the markets, and especially in the small-cap segment, there has to be a checklist which, if followed, reduces the probability of making mistakes.