Stocks to watch: HAL, MakeMyTrip, ONGC, Zen Tech, Bank of India, BEL

The Indian share market is expected to see a gap-down opening on Monday, tracking negative cues from Asian stocks and a weak trend in GIFT Nifty futures amid heighted tensions in the Middle East after U.S. air strikes on Iran's nuclear facilities. At 7:35 a.m., the GIFT Nifty futures were trading 123 points lower at 25,005, indicating a gap-down start for the benchmark indices, the BSE Sensex and the NSE Nifty50.

Here are top stocks that will be in focus in today’s trade:

Oil stocks: Shares of oil marketing companies will be in focus amid concerns that escalated tensions in the Middle East would disrupt the flow of oil. Union Petroleum and Natural Gas Minister Hardeep Singh Puri has assured citizens that oil companies have supplies of several weeks and continue to receive energy supplies from several routes.

IT stocks: IT heavyweights such as TCS, Infosys, Wipro, HCLTech, and others will be in focus after global software services and consultancy firm Accenture announced its results on Friday.

Hindustan Aeronautics:  The state-owned defence company has secured the SSVL technology from Isro after placing a winning bid worth ₹511 crore.

MakeMyTrip:  The online travel company has raised $3.1 billion through a mix of equity and debt, which is touted to be the largest ever fundraise by a listed new-age Indian company.

Signature Global (India): The board of directors of the real estate major will meet on June 25 to consider a proposal to raise funds via the issuance of non-convertible debentures (NCDs) on a private placement basis.

Waaree Renewable Technologies: The green energy company said its existing solar engineering, procurement and construction (EPC) order has been revised upward by ₹246.92 crore to ₹1,480.40 crore.

Bank of India:  The public sector lender's board will meet on June 26 to consider a proposal to raise funds through the issuance of long-term infrastructure bonds.

Bharat Electronics:  The PSU defence company has received new orders totaling ₹585 crore since its last update on June 5.

ONGC:  The board of the oil and gas major has approved a corporate guarantee of up to $412 million to facilitate fund-raising by its wholly-owned step-down subsidiary, OVL Overseas IFSC Limited (OOIL).

Granules India:  The pharma company has received one Form 483 observation from the US Food and Drug Administration (US FDA) after the regulator completed inspection of its API Unit-I facility at Bonthapally, Telangana.

Small Finance Banks: Shares of small finance banks will be in focus today after the Reserve Bank of India on Friday eased lending norms by reducing their mandatory priority sector lending requirement, covering areas like agriculture and small enterprises by 15% points.

Zen Technologies:  The defence company has announced the acquisition of a majority stake in TISA Aerospace, an emerging defence technology company specialising in indigenously developed loitering munitions and unmanned aerial vehicles (UAVs).

(DISCLAIMER: The views and opinions expressed by investment experts on fortuneindia.com are either their own or of their organisations, but not necessarily that of fortuneindia.com and its editorial team. Readers are advised to consult certified experts before taking investment decisions.)