Sensex back in green as RBI keeps key rates unchanged; 12 stocks in focus

NEW DELHI: The S&P BSE Sensex bounced back into the green zone after taking a slight hit soon after the Reserve Bank of India (RBI) in its first Bi-monthly Monetary Policy Statement, 2015-16, kept the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 7.5 per cent.

The 30-stock index had slipped about 150 points soon after the RBI announcement.

The central bank also kept the cash reserve ratio (CRR) of scheduled banks unchanged at 4.0 per cent of net demand and time liability (NDTL).

Here is a list of twelve stocks which are in focus today:
PFC, REC: The government is likely to launch its record asset-sale plan for the current fiscal on Wednesday, seeking to raise about Rs 3,500 crore this fortnight from the divestment of stakes in Rural Electrification Corp. Ltd (REC) and Power Finance Corp. Ltd (PFC), two people aware of the plan told ET.

Cairn India Ltd: Cairn India, a subsidiary of Anil Agarwal's Vedanta Resources Plc has locked horns with the Indian government over the Rs 20,495 cr tax order slapped against the company in March, 2015.

Tata Motors Ltd: India's largest bus and truck maker Tata Motors and the Tata group's private equity fund Tata Capital are looking to sell their 90% stake in Pune-based auto designer Tata Technologies, two people with direct knowledge of the plan said.

Bosch Ltd: Auto component major Bosch has declared a lockout at its Jaipur plant due to the ongoing worker unrest in the facility.

GMR Infrastructure Ltd: A GMR Infrastructure-led consortium has bagged an order for construction of 417 km-long eastern dedicated freight corridor railway project which is estimated to cost Rs 5,080 crore.

Tata Power Ltd: Tata Power Solar said it has commissioned 1.25 MW rooftop projects at SASTRA University's Thanjavur and Kumbakonam campuses in Tamil Nadu.

ONGC: Oil Ministry has allowed national oil companies ONGC and Oil India Ltd to sell any new natural gas supplies from their small and isolated fields through an open tender.

Ashok Leyland Ltd: Rajalakshmi Group, which has set up engineering and technology colleges, has purchased 63MW of wind power from Hinduja Group flagship Ashok Leyland at Rs 170 crore as part of increasing its footprint in renewable energy

KEC International Ltd: RPG Group's flagship infrastructure company, KEC International, has bagged orders worth Rs 1,565 crore for power transmission and distribution and cables, the company said in a statement on Monday.

MTNL: State-run telecom operator MTNL has increased monthly rental on fixed broadband plans by up to 25 per cent from this month onwards in Mumbai.

MMTC Ltd: The state-run company said it has received orders for import of steam coal from Coal India Ltd and Andhra Pradesh Power Development Company Ltd.