Stocks to watch in trade today

Bank stocks are likely to remain volatile after Governor Raghuram Rajan's decided to not renew his term after September 3.

Mentioned below are some of the stocks that are likely to be in focus in trade today:

Banking stocks are likely to remain volatile after Governor Raghuram Rajan’s decided to not renew his term after September 3.

Indian Oil Corp and Oil India will be in focus after both companies along with BPRL signed an agreement with Rosneft for participatory share in subsidiary of Rosneft, Russia's national oil company.

SpiceJet has signed a pact with with cab aggregator 'mytaxiindia' to offer passengers the option of booking a taxi to reach the airport at the time of ticket purchase.

Engineering major L&T's subsidiary  L&T Hydrocarbon Engineering has won orders valued at Rs. 1170 crore.

UCO Bank board has approved the proposal raising Tier I Capital to the tune of Rs 4,243 crore through issue of AT-1 Bonds and Tier II Capital of Rs 1,500 crore through issue of Tier II Bonds.

M&M Financial Services plans to issue non-convertible debentures including subordinated debentures, in one or more tranches, aggregating upto Rs 24,500 crore on a private placement basis.

Max Financial Services could see some profit booking after sharp gains in the previous post the announcemnt of a merger of Max Life Insurance Company Ltd and Max Financial Services Ltd into HDFC Standard Life Insurance Company by way of a scheme of arrangement.

Tata Chemicals has decided to supply Di-ammonium Phosphate (DAP) to its customers from inventory in hand and imports.

Coal India said that Central Coalfields Limited ("CCL"), the Company's subsidiary, at its meeting held on June 16, 2016 has considered and approved the buyback of 2350000 fully paid equity shares of face value of Rs. 1000/- each.

Eros International Media announced a television syndication deal for their new and catalogue films with Zee Network.

Subros said that it has reinstated full supplies to its customer Maruti Suzuki India Limited from the Company's other plants at Noida, Pune and Chennai.