Stocks: Stocks are in the foreground: IDBI, Tata Steel, RITES & Fine Organic among the best actions to follow

NEW DELHI: The domestic equity market should see a negative start to the month on Monday, recording mixed global indices and Nifty futures on the Singapore Stock Exchange (SGX). At 08:13, SGX's Nifty futures traded 15 points or 0.14 percent lower at 10,677.

Here is a list of the most likely stocks to focus on today 's trading session –


IDBI Bank: IRDAI on Friday approved the LIC' s plan. acquire 51% stake in IDBI Bank. The life insurer should invest from 10,000 to 13,000 rupees rupees in installments in the public lender.

Tata Steel : Tata Steel and Thyssenkrupp AG have signed a definitive agreement to create a 50:50 joint venture that will bring together the European steel activities of the German and Indian giants.

Automotive Inventories: The auto industry continued its double-digit growth in June. Maruti Suzuki recorded sales growth of more than 44% while sales of Hyundai Motor India increased by 21%. Nexon, the Amaze sedan and the Yaris sedan respectively generated 63%, 37% and 563% of sales of Tata Motors, Honda Cars India and Toyota Kirloskar.

PNB: The public lender noted on Saturday the marginal rate of the loan rate based on funds, the floor rate it lends to consumers, for selected tenors from 0.05 to 0.10 percent. Apart from that, he sold his entire stake in the Icra rating company for a consideration of Rs 109 crore.

RITES, Fine Organic: The shares of RITES and Fine Organic Industries will be listed on the stock exchanges on Monday. The two companies' initial public offerings, which ran from June 20 to June 22, were a big hit with investors.


Cox & Kings: The Group of Vacation and Education Trips seeks to release the value of its educational venture, PGL, either through a participation sale or an initial public offering to United Kingdom, reported ET.

Dilip Buildcon: DBL has stated that its three wholly-owned subsidiaries have received letters of sanction from NBFC and the bank to fund their HAM projects.

Temasek Holdings: A unit of Singaporean investment company Temasek Holdings acquired shares worth Rs 1,000 crore in Adani Ports and Special Economic Zone, the data of block transactions on the Bombay Stock Exchange have shown.