Stocks to Watch This Monday
After a strong week and several sector-specific triggers, these names are likely to see action when markets open:
Tata Motors & Mahindra & Mahindra
Auto stocks remain in focus after recent vehicle price cuts and demand signals. As OEMs look to benefit from lower GST and positive consumer sentiment, Tata Motors and M&M may see momentum.
Ashok Leyland
Shares are hot following gains among auto peers. Ashok Leyland has recently posted strong performance, possibly riding the same tailwinds. If buyers step in early, this could outperform.
UltraTech Cement
Cement & building materials may pick up steam as infrastructure / construction sentiment strengthens. UltraTech already outperformed recently, so watch for breakout moves if domestic demand strengthens.
Jefferies Picks: GAIL, Coal India, HAL, Adani Ports, ICICI Bank
Brokerage calls for longer-term upside have included these names. Key sectors: energy & utilities (GAIL), mining (Coal India), defence (HAL), infrastructure & logistics (Adani Ports), banking (ICICI). Momentum from policy tailwinds & sectoral reforms may give them a boost.
Defence / PSU Manufactures (BEL, HAL, Bharat Dynamics, etc.)
With heightened government contracts, export opportunities, and strong order books, defence PSUs are likely to see buying interest, especially from investors rotating into strategic & long-duration plays. (Recent sector strength supports this view.)
What to Keep in Mind Monday
Global cues: US-India trade developments, inflation data, or any Fed statements will impact market opening.
Sector spillovers: Auto & infra may lead on domestic demand; energy/petrochemicals on global commodity swings.
Expect leadership from auto, defence / PSUs, energy / utilities, and select infrastructure names. Stocks like Tata Motors