Crucial support for the index is placed at 17400 levels and a break below this level could take Nifty50 towards 17000, suggest experts. The highest new open interest (OI) addition was seen at 18000 for Calls and 17000 for Puts in weekly and at 18000 for Calls and 16500 for Puts in monthly contracts.
West Bengal plans incentives to spur industrial investments
The government is exploring off-balance sheet incentives like soft loans to keep the weightage on budget-dependent industrial promotion lower, the finance minister said. Concession on