Overnight Digest: These Stocks will be in focus on Monday
The domestic benchmark indices ended in red on August 6 on the back of the Reserve Bank of India (RBI) keeping the repo rate unchanged at 4 per cent and maintaining a policy stance as ‘Accommodative’. Despite the lowered performance of the benchmark indices, some stocks were seen trading on a positive note on Friday. Following stocks will be in focus in Monday's trading session :
Bajaj Auto: Short covering was seen in Bajaj Auto and the stock gained 0.82 per cent on a down day for the market. Bajaj Auto will be in focus on Monday's trading session.
Adani Group Shares: The shares price of Adani group listed company were seen outperforming on bourses on Friday. Adani Enterprises, Adani Green, Adani Power and Adani Gas will be in focus on Monday.
52-week Highs: Tech Mahindra, Aarti Surfactants, Tata Consumer and HCL Tech are trading close to their 52-week highs. The shares that are trading close to a 52-week high usually tend to show increased volatility. These stocks will be on investors' radar on Monday.
Price Volume Gainers: BASF, Tata Chemicals , Tata Investment and AB Capital were seen gaining with a surge in volume on Friday. These stocks will be watched out for on Monday.