Stocks tend to react to news and can be extremely volatile. Here are 7 stocks that will react to news on Monday morning:
State Bank of India
Shares in State Bank of India could react positively after the company sold its stake in NSE to Veracity Investments of Mauritius. The stake sold is around 5 per cent for Rs 911 crores.
Hero Motor Corp
Hero Motor Corp may also react positively to news after the company saw an increase in total sales to 1.3 percent at 5.49 lakh units (June 2016) versus 5.42 lakh units for June 2015.
Coal India saw its production for June at 42.72 million tonnes (MT). This was marginally lower than the target.
Indraprastha Gas could see a positive reaction to its shares price after a marginal increase in gas price in Delhi by Rs 0.25.
Bosch will be buying back shares at Rs 23,000 after a recent board decision. The shares may react positively to the news on Monday morning.
Trigyn Technologies has said that its IT & communication contract with United Nations has been extended by one more year. The stock may react positively to the news.
JP Associates shares may react positively after the board said that it will meet on July 4 to review progress of divestment plans.