Key Points
The Indian markets remained almost unchanged for the first week of 2024, ending on January 5, despite indices hitting record highs in the first trading session of the year..
The upcoming week is expected to be busy as major Indian IT companies gear up to announce their Q3 FY24 earnings, starting with Infosys on January 11...
Within the BSE small-cap index, 48 stocks reported returns ranging from 15% to 50% for the week..
The stock picked up steam after Reliance Industries invested 3,300 crore in the company by subscribing to preferential shares..
Further, domestic brokerage firm Motilal Oswal revised its target price on the stock upward to 1,400 per share, considering the company's strategic focus on unlocking its vast land reserve and exploring external growth opportunities with its healthy balance sheet..
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