DSIJ Mindshare

Market was buzzing with a possible tie-up between domestic budget carrier Indigo and Qatar Airways to buy debt-laden Indian national airlines Air-India.

After a huge run up in the last couple of years, the Indian markets are now in correction mode post the Union Budget 2018-19. This correction has led many stocks to give negative return year till date and have eaten into the returns of the investors.

Overall volumes in futures & options currently stand at 94.81 lakh contracts with a turnover of Rs. 8,14,332.32 crore.

Overall volumes in futures & options currently stand at 94.81 lakh contracts with a turnover of Rs. 8,14,332.32 crore.

Going ahead, the low of Wednesday’s session, i.e. 10,133, would be a crucial level to watch out as a decisive breach below this level would trigger some selling to re-test the 10,040-10,000 levels. Stocks in the news: Sun Pharmaceutical, Arvind, Dilip Buildcon, Zensar Technologies, Oil India, IRB Infrastructure and Majesco.