On Wednesday, Indian markets are predicted to consolidate, following subdued global cues. The S&P BSE Sensex grew beyond 200 points on Tuesday, while the Nifty50 reached levels above 18100. Option data suggests a trading range from 17700 to 18500 zones, with an immediate range of 17900 to 18300 zones, with Nifty recommended to remain above 18081 zones to enjoy an up move towards 18250 and 18300 zones. Meanwhile, various experts have offered advice for traders, suggesting stocks, including NOCIL and Valiant Organics.
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