Arun Jaitley, Finance Minister in the cabinet of Prime Minister Narendra Modi's first government has asked for a break citing health concerns. Both Amit Shah and Piyush Goyal are top contenders for the post of Finance Minister. But will Modi please the market or spring a surprise?

Overall volumes in futures & options currently stand at 1,62,30,632 contracts with a turnover of Rs.11,36,295.00 crore.

Overall volumes in futures & options currently stand at 1,62,30,632 contracts with a turnover of Rs.11,36,295.00 crore.

Monday’s low of 11,812 is a crucial support level for the index and in case the Nifty closes below this level, we can assume that the intermediate top is formed at 12041 (spot). On the higher side, the Nifty needs to close above 11950 to get a bullish momentum again. Stocks in news: Cholamandalam Finance, Aban Offshore Ltd, SBI, Goa Carbon.

At the time of writing, SGX Nifty was trading at 11,875, up by 11 points. On the earnings front, a host of companies will announce their earnings today, including Apollo Hospital, Coal India, HDIL, IDBI Bank, NALCO and SAIL.

The stocks that are likely to witness significant movement on the bourses on May 30 are Adani Enterprises, Kabra Extrusiontechnik, Vodafone Idea, The Andhra Sugars and Cox & Kings Ltd.

The project order is worth to Rs. 104 crore. The work has to be completed within 30 months from the date of receipt of work order. The company’s order book as on 9MFY19 basis stood at Rs. 877 crore and it has registered order intake of Rs 226 crore in 9MFY19.

India’s second largest telecom operator (nearly 32 per cent market share) Bharti Airtel is looking to come with IPO of its subsidiary -- Airtel Africa, where it is eyeing over $1 billion initial public offer (IPO) in London.

Some time back SEBI had lowered the TER of the funds and formed a ceiling based on AUM slabs. This has led many AMCs to reduce the commissions of the distributors. Should you worry about the same? Let’s find out.

Reliance Entertainment has joined hands with PVR Pictures Limited to distribute films pan India. This venture is the first endeavour of its kind in the Indian film industry. PVR Pictures is the motion picture arm of PVR Limited, India's largest cinema chain.