Indian markets closed for the eighth consecutive day in the green on Tuesday, with the Sensex up more than 200 points and the Nifty50 above 18100 levels. The infrastructure, metals, power, utilities, and oil & gas sectors saw buying, while selling was visible in telecom and FMCG. Welspun India rose more than 15%, RVNL closed with gains of 10%, and Safari Industries hit a fresh 52-week high.
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