Present minor weakness or consolidation movement could end up with the formation of another higher bottom at the lows. Hence, the present weakness with range movement could be a buy-on-dips opportunity, said Nagaraj Shetti, Technical Research Analyst, HDFC Securitie
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