Jul 25

Cairn India, Vedanta, Havells among 15 stocks in focus in Monday’s trade

The BSE Sensex and NSE Nifty opened on flat to cautious note on Monday tracking mixed global cues. At 9.25 am, the BSE Sensex was trading 19.55 pointd down at 27,783.69, while NSE Nifty was trading 5.95 points down at 8,535.25.

Below are the 15 stocks that are in focus today

Axis Bank: Stocks of the private lender were trading 1.31 per cent down at Rs 530.50 (9.21 am) after it posted 21 per cent decline in net profit at Rs 1,555.5 crore for the first quarter of the current fiscal on account of rise in bad loans.

Cairn India and Vedanta: Stocks of both the companies will hog limelight as the boards of Vedanta and Cairn India have revised the final terms and conditions for the merger deal in an effort to make it more attractive to minority shareholders. The earlier offer saw massive backlash from minority shareholders, who had termed it unfair. At 10.11 am, Cairn India was trading 0.31 per cent up at Rs 192.60, while NSE Nifty was trading 0.53 per cent down at Rs 168.05.

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