Stocks to Watch Today: The markets are likely to trade this week on a dismal note, as global cues continue to remain extremely bearish. At 07:00 AM, the SGX Nifty futures quoted at 16,870, indicating a huge gap-down of over 200 points on the Nifty 50 benchmark.
Meanwhile, following are the stocks that are likely to some action in trades on Monday.
ONGC, Reliance: At its sixth fortnightly review, the government reduced the tax on domestically-produced crude oil to Rs 8,000 per tonne from Rs 10,500 per tonne. The levy on the export of diesel was reduced to Rs 5