DSIJ Mindshare

Saudi Arabia’s Energy Minister Khalid al-Falih indicated that he is in favour of extending oil production cuts in the second half of 2019. This is despite US President Donald Trump demanding that oil prices be kept low.

India’s second-largest airline carrier Jet Airways informed the bourses on Wednesday that they have grounded an additional seven aircraft. The company had to land 13 aircraft this month due to non- payment of lease rentals to lessors.

Overall volumes in futures & options currently stand at 2.30 crore contracts with a turnover of Rs. 14,77,021.36 crore.

Overall volumes in futures & options currently stand at 2.30 crore contracts with a turnover of Rs. 14,77,021.36 crore.

Going ahead, Tuesday’s session panic low of 10,729 is likely to act as a support level. In today’s session, volatility is likely to be embedded, given the geopolitical tensions, expiry of the current derivative series and the release of GDP data.  Stocks in news: Tata Metaliks, ARSS Infrastructure Projects, Wipro, Vascon Engineers, SCI, Meghmani Organics and Varroc Engineering.